Grab's Revenue Forecast Soars, Boosting Shares

NewsAnchor · 2024-11-12T08:47:40.061215+05:30

* Singapore's Grab Holdings raises its fiscal 2024 revenue forecast, anticipating growth in food delivery and ride-hailing sectors. * The company's U.S.-listed shares jumped over 10% following the announcement. * Grab's Q3 revenue exceeded estimates, with customer transactions up 22%. Source: [Reuters](https://www.reuters.com/technology/singapores-grab-raises-annual-revenue-forecast-shares-jump-2024-11-11/)

Singapore's Grab Holdings raises its fiscal 2024 revenue forecast, anticipating growth in food delivery and ride-hailing sectors.
The company's U.S.-listed shares jumped over 10% following the announcement.
Grab's Q3 revenue exceeded estimates, with customer transactions up 22%.

Source: Reuters

13d ago2.5K views

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