GRAB News and Press, Grab Holdings Limited From 05/23/24

2024-05-23 16:28:04 ET Summary Grab, the Singapore-based rideshare giant, has significant long-term potential in the fast-growing Southeast Asian market. The company is experiencing profitability in its deliveries segment and aims to double adjusted EBITDA margins in this space. ...

2024-05-23 14:00:00 ET Summary GRAB is the UBER equivalent in Southeast Asia, benefiting from the latter's departure in 2019 and the well-diversified Super App offerings. GRAB's "hyper-local approach" has directly contributed to its robust top/ bottom lines, with FY2024 expected t...

2024-05-23 06:13:06 ET Summary Grab is a Southeast Asian super app that is a market leader in mobility and delivery segments, with a strong moat and potential for long-term profitable growth. In 1Q24, Grab's mobility business delivered GMV growth of 27% YoY, implying that it is ta...

2024-05-16 01:28:43 ET More on Grab Grab: Consider Buying Before The Market Realizes It Grab beats top-line and bottom-line estimates; initiates FY24 outlook Read the full article on Seeking Alpha For further details see: Grab reports mixed Q1 results; ra...

2024-05-15 23:44:08 ET Grab Holdings Limited (GRAB) Q1 2024 Earnings Conference Call May 15, 2024, 8:00 PM ET Company Participants Douglas Eu - Director, Investor Relations and Strategic Finance Anthony Tan - Chief Executive Officer Alex Hungate - Chief Operating...

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

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2024-05-14 17:35:50 ET More on Grab Grab: Consider Buying Before The Market Realizes It Grab: A Sleeping Giant Grab: Its Profitability Could Reveal Undervaluation Grab beats top-line and bottom-line estimates; initiates FY24 outlook Grab Q4 2023 Earni...

2024-05-14 17:35:24 ET Major earnings expected after the bell on Wednesday include: Cisco Systems ( CSCO ) Grab Holdings Limited ( GRAB ) AST SpaceMobile ( ASTS ) Omeros Corporation ( OMER ) Bit Digital ( BTBT ) Read the full article on Seek...

2024-05-12 07:04:52 ET Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Read the full article on Seeking Alpha For further details see: Wall Street Breakfast: The Week Ahead