SINGAPORE -- Grab Holdings on Tuesday lifted its earnings forecast for fiscal 2024, projecting its first annual profit on an adjusted basis to be larger than expected on the back of robust demand in its core ride-hailing and food delivery businesses.
Technology
Grab lifts earnings forecast on robust transport, delivery demand
Nasdaq-listed shares jump 15% on larger adjusted profit and revenue projections
Singapore-based Grab logged a net profit of $15 million for the July-September quarter, reversing a loss of $99 million the same period a year ago. (Photo by Ken Kobayashi)
Read Next
Latest on Technology
