Grab Raises Revenue Forecast
Grab raises annual revenue forecast, shares jump
Singapore's Grab Holdings GRAB.O raised its forecast for fiscal 2024 revenue on Monday (Nov 11), as it anticipates robust growth in its food delivery and ride-hailing businesses. US-listed shares of the company jumped over 10 per cent in extended trading.
Revenue: US$716.0m (up 16% from 3Q 2023). Net income: US$26.0m (up from US$91.0m loss in 3Q 2023). Profit margin: 3.6% (up ...
Grab ( (GRAB) ) has released its Q3 earnings. Here is a breakdown of the information Grab presented to its investors. Grab Holdings Limited is ...
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Additionally, Grab’s consolidated EBITDA of $90 million and a net profit of $15 million were notably higher than anticipated. Alicia Yap highlights that the upward revision of Grab’s full-year ...
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