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  1. May 16, 2024 · By Yuvraj Malik. (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 ...

    • Yuvraj Malik
  2. May 16, 2024 · The company now expects adjusted core profit between US$250 million (S$336 million) and US$270 million, compared with its earlier forecast of US$180 million to US$200 million. Grab kept its full ...

  3. Feb 22, 2024 · Assuming the change in business model had occurred in 2022, full year 2023 Group revenue growth would have been 40% YoY and Deliveries revenue growth would have been 30% YoY. Full year Group GMV grew 5% YoY, or 7% YoY on a constant currency basis to $20,983 million, driven by continued growth in Mobility and Deliveries.

  4. May 15, 2024 · Grab Holdings raised its full-year profit forecast on Wednesday, underscoring gains from recent cost reduction measures and growth in its ride-share and food delivery businesses. The company now ...

  5. May 16, 2024 · (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 its ride-share services. A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver ...

    • Yuvraj Malik
  6. May 16, 2024 · 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 its ride-share services. A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free ...

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  8. May 15, 2024 · 2024 Adjusted EBITDA guidance raised to $250 – $270 million from $180 – $200 million previously. SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2024. “Our focus on product-led growth is bearing fruit, with On-Demand GMV ...

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