SINGAPORE -- Shares in Singapore-based Grab Holdings fell sharply Thursday after the superapp provider missed revenue estimates for the April-June quarter, highlighting its struggle to retain investor confidence.
Nasdaq-listed superapp provider struggles to shore up investor confidence
Grab accounted for 54% of ASEAN’s food delivery gross market value in 2023. (Photo by Dylan Loh)
SINGAPORE -- Shares in Singapore-based Grab Holdings fell sharply Thursday after the superapp provider missed revenue estimates for the April-June quarter, highlighting its struggle to retain investor confidence.