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(Reuters) -Grab Holdings raised its full-year profit forecast on Wednesday after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures and robust demand for ...
The firm also raised its annual core profit forecast to between $308 million and $313 million, from $250 million and $270 million. Revenue in the deliveries segment increased 16% to $380 million ...
(Reuters) -Grab Holdings forecast a smaller operating loss for the current year and pulled forward its profitability timeline on Wednesday, as cost savings from its recent workforce reduction ...
Grab (company) Add languages. Add links. Article; ... the free encyclopedia. Redirect page. Redirect to: Grab Holdings; This page is a redirect.
Grab Holdings Inc. is a Singaporean multinational technology company headquartered in One-North, Singapore. It is the developer of a super-app for ride-hailing , food delivery , and digital payment services on mobile devices that operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand, and Vietnam.
Image source: Getty Images. Grab comes up short. Revenue in the quarter rose 17%, or 23% in constant currency to $664 million, which missed estimates at $673.2 million.
Grab Holdings Limited (NASDAQ:GRAB) goes Uber Technologies, Inc (NYSE:UBER) way with the latest move. The ride-hailing company is expanding its services beyond ride-hailing and food delivery by ...
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