Peter Oey News Today

Grab Holdings Limited (NASDAQ: GRAB) has recently announced unaudited financial results for the first quarter ended March 31, 2024.

16.05.2024 - Revenue grew 24% year-over-year, or 29% on a constant currency basis to $653 millionOn-Demand GMV grew 18% year-over-year, or 21% on a constant currency basis to $4.2 billionOperating Loss improved by $129 million year-over-year to $(75) ...

Grab maintained its full-year revenue guidance at $2.70-2.75 billion and raised its EBITDA forecast to $250-270 million.

Grab Holdings raised its full-year profit forecast on Wednesday (May 15) after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures and robust demand for its

By Kimberley Kao Southeast Asian ride-hailing and delivery specialist Grab Holdings raised its full-year forecast for a key profitability metric, citing cost-cutting efforts and expansion in...

Grab reported a net loss of US$115 million for the first quarter of 2024, narrowing 54 per cent from its loss of US$250 million a year prior.

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A key gauge showed cost pressures for manufacturers and service businesses eased again February.