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2025-04-30 09:59:00 -

Grab raises full year earnings forecast as it announces 1Q results
Southeast Asia’s super app Grab Holdings Ltd announced Wednesday it is raising the company’s full year adjusted earnings before interest, taxes, depreciation, and amortisation (EBIDA) after the Singapore-headquartered company achieved another quarter of record revenues. “We continued to drive profitable growth across the business, with Grab achieving another quarter of...

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Ifvex

added blog Networking
2025-05-03 11:45:09 -

Maybank positive on Grab after management lifts its guidance
Maybank Investment Bank said on Thursday that it was positively surprised by the lift in Grab’s guidance as tariff uncertainty has raised the risk of macro and forex volatility. The research house said in a note that Grab raised its adjusted earnings before Interest, taxes, depreciation, and amortization (EBITDA) guidance from $440 million to $470 million to $460 million to $480 million....

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