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2023-05-19 09:38:20 ET Summary GRAB is beginning to look like an overhyped stock that is turning out to be a lemon. We suspect that the company's business model was perhaps fundamentally flawed from the beginning. The biggest threat to GRAB's first-mover advantage is competition, ...
2023-05-18 18:01:55 ET Grab (NASDAQ: GRAB) stock plummeted by 14.9% Thursday, according to data from S&P Global Market Intelligence , following the release of a mixed first-quarter report. While sales and earnings came in ahead of the market's expectations, the Singapore...
2023-05-18 12:53:08 ET Grab Holdings Limited (GRAB) Q1 2023 Results Conference Call May 18, 2023 08:00 AM ET Company Participants Vivian Tong - Head of US Investor Relations Anthony Tan - Chief Executive Officer Alex Hungate - Chief Operating Officer Peter Oe...
2023-05-18 11:46:17 ET Grab Holdings ( NASDAQ: GRAB ) stock sank 12% in Thursday late morning trading after Q1 results showed that consumer spending through its super-app is decelerating. Customers can order food delivery and rides as well as bank through its app. Gross me...
2023-05-18 07:02:56 ET Grab press release ( NASDAQ: GRAB ): Q1 GAAP EPS of -$0.06 beats by $0.01 . Revenue of $525M (+130.3% Y/Y) beats by $20M . Revenue grew 130% YoY to $525 million in the first quarter of 2023, or 139% on a constant currency basis, attribute...
Q1 2023 Revenue grew 130% year-over-year to $525 million 1 Q1 2023 Loss for the period improved by 43% year-over-year to $250 million Q1 2023 Adjusted EBITDA improved by 77% year-over-year to $(66) million, with Deliveries Segment Adjusted EBITDA margins at an all time hig...
2023-05-17 16:20:37 ET Grab ( NASDAQ: GRAB ) is scheduled to announce Q1 earnings results on Thursday, May 18th, before market open. The consensus EPS estimate is -$0.07 and the consensus revenue estimate is $505M. For further details see: Grab Q1 2023 Earnings P...
2023-05-08 10:34:40 ET This will surely be another wild week for investors. Regional bank stocks are surging to start the Monday session as cooler heads prevail after last week’s insanity. But then you’ve got upcoming catalysts like Wednesday’s May CPI inflation data, m...
New waste goal announced in conjunction with the release of Grab’s 2022 ESG report; adds to Grab’s existing environmental target to reach carbon neutrality 1 by 2040 Grab Holdings Limited (NASDAQ: GRAB) today announced a new target as part of its Environment, Social ...
2023-05-01 21:49:21 ET Summary GRAB has one of the leading superapps in Southeast Asia, which provides lots of optionality for the company to expand into other businesses by leveraging its massive customer base. The demand for food and grocery delivery services in Southeast Asia e...
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NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited second quarter 2024 results before the U.S. market opens on August 15, 2024. The Company’s management will hold a con...