Singapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand

Reuters05-05 06:55

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Comments

UTOtrader
05-05 11:57
UTOtrader
More buying
judyspt
05-05 10:05
judyspt
Profit came in at $120 million, compared with $10 million a ⁠year earlier. Wow
Tamilan
05-05 09:08
Tamilan
Be patience.
Etel
05-05 08:27
Etel
loss or profit

Leave a comment

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That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,&#34; he said.</p><p>Grab&#39;s quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts&#39; estimates of $921.1 million, according to data compiled by LSEG.</p><p>Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.</p><p>Shares of the company were up 2.5% in ⁠extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d30909897c440ca0ae8467603cbaf72\" title=\"\" tg-width=\"537\" tg-height=\"161\"/></p><p>On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.</p><p>Profit came in at $120 million, compared with $10 million a ⁠year earlier.</p><p>The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.</p><p>Earlier this year, Grab agreed to ⁠buy Delivery Hero&#39;s Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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option, to woo customers grappling with higher costs of living.</p><p>About 35% of its users are on the &#34;saver&#34; program, opting for cheaper deliveries, CFO Peter Oey told Reuters.</p><p>&#34;It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,&#34; he said.</p><p>Grab&#39;s quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts&#39; estimates of $921.1 million, according to data compiled by LSEG.</p><p>Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.</p><p>Shares of the company were up 2.5% in ⁠extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d30909897c440ca0ae8467603cbaf72\" title=\"\" tg-width=\"537\" tg-height=\"161\"/></p><p>On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.</p><p>Profit came in at $120 million, compared with $10 million a ⁠year earlier.</p><p>The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.</p><p>Earlier this year, Grab agreed to ⁠buy Delivery Hero&#39;s Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGXZ58947870.SGD","symbol_name":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260504:nL4N41H1RC:1","article_id":"2633964715","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633964715","pubTimestamp":1777935300,"columns":[{"name":"Earnings Express","id":26,"label_key":"express"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Grab beat Wall Street expectations for first-quarter revenue on Tuesday.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","GRAB":"Grab Holdings","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - 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Singapore's Grab beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.Southeast Asia's biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a \"saver\" option, to woo customers grappling with higher costs of living.About 35% of its users are on the \"saver\" program, opting for cheaper deliveries, CFO Peter Oey told Reuters.\"It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,\" he said.Grab's quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts' estimates of $921.1 million, according to data compiled by LSEG.Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.Shares of the company were up 2.5% in ⁠extended trading.On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.Profit came in at $120 million, compared with $10 million a ⁠year earlier.The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.Earlier this year, Grab agreed to ⁠buy Delivery Hero's Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement,express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":true,"code":"91000000","status":"200"},"commentList":[{"id":560830940861440,"gmtCreate":1777953449866,"gmtModify":1777953453508,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"crmLevel":12,"crmLevelSwitch":0,"wearingBadges":[{"badgeId":"972123088c9646f7b6091ae0662215be-2","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","isScarce":0,"effectEnabled":0,"redirectLinkEnabled":0,"redirectLinkValidityFrom":0,"redirectLinkValidityTo":9223372036854776000}],"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"htmlText":"More buying&nbsp;","listText":"More buying&nbsp;","text":"More buying","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/560830940861440","repostId":2633964715,"repostType":2,"repost":{"id":"2633964715","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1777935300,"share":"https://ttm.financial/m/news/2633964715?lang=en_US&edition=fundamental","pubTime":"2026-05-05 06:55","market":"us","language":"en","title":"Singapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2633964715","media":"Reuters","summary":"Grab beat Wall Street expectations for first-quarter revenue on Tuesday.","content":"<html><head></head><body><p>May 5 (Reuters) - Singapore&#39;s <a href=\"https://laohu8.com/S/GRAB\">Grab</a> beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.</p><p>Southeast Asia&#39;s biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.</p><p>With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a &#34;saver&#34; option, to woo customers grappling with higher costs of living.</p><p>About 35% of its users are on the &#34;saver&#34; program, opting for cheaper deliveries, CFO Peter Oey told Reuters.</p><p>&#34;It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,&#34; he said.</p><p>Grab&#39;s quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts&#39; estimates of $921.1 million, according to data compiled by LSEG.</p><p>Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.</p><p>Shares of the company were up 2.5% in ⁠extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d30909897c440ca0ae8467603cbaf72\" title=\"\" tg-width=\"537\" tg-height=\"161\"/></p><p>On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.</p><p>Profit came in at $120 million, compared with $10 million a ⁠year earlier.</p><p>The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.</p><p>Earlier this year, Grab agreed to ⁠buy Delivery Hero&#39;s Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-05-05 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 5 (Reuters) - Singapore&#39;s <a href=\"https://laohu8.com/S/GRAB\">Grab</a> beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.</p><p>Southeast Asia&#39;s biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.</p><p>With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a &#34;saver&#34; option, to woo customers grappling with higher costs of living.</p><p>About 35% of its users are on the &#34;saver&#34; program, opting for cheaper deliveries, CFO Peter Oey told Reuters.</p><p>&#34;It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,&#34; he said.</p><p>Grab&#39;s quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts&#39; estimates of $921.1 million, according to data compiled by LSEG.</p><p>Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.</p><p>Shares of the company were up 2.5% in ⁠extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d30909897c440ca0ae8467603cbaf72\" title=\"\" tg-width=\"537\" tg-height=\"161\"/></p><p>On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.</p><p>Profit came in at $120 million, compared with $10 million a ⁠year earlier.</p><p>The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.</p><p>Earlier this year, Grab agreed to ⁠buy Delivery Hero&#39;s Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","GRAB":"Grab Holdings","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","BK4122":"互联网与直销零售","BK4022":"陆运","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK4230":"旅客陆运","SG9999013478.USD":"利安新加坡股息基金","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","SG9999002406.SGD":"利安新加坡信托基金","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","SG9999001135.SGD":"United ASEAN Fund SGD","LU1839390173.USD":"JPM ASEAN EQUITY \"A\" (USD) INC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260504:nL4N41H1RC:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2633964715","content_text":"May 5 (Reuters) - Singapore's Grab beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.Southeast Asia's biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a \"saver\" option, to woo customers grappling with higher costs of living.About 35% of its users are on the \"saver\" program, opting for cheaper deliveries, CFO Peter Oey told Reuters.\"It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,\" he said.Grab's quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts' estimates of $921.1 million, according to data compiled by LSEG.Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.Shares of the company were up 2.5% in ⁠extended trading.On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.Profit came in at $120 million, compared with $10 million a ⁠year earlier.The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.Earlier this year, Grab agreed to ⁠buy Delivery Hero's Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.","news_type":1,"symbols_score_info":{"GRAB":1.97}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":560803348276224,"gmtCreate":1777946713395,"gmtModify":1777946717040,"author":{"id":"4088945193415610","authorId":"4088945193415610","name":"judyspt","avatar":"https://static.tigerbbs.com/28075c7d730eb01e7fab4597684478f4","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":12,"crmLevelSwitch":1,"wearingBadges":[{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","isScarce":0,"effectEnabled":0,"redirectLinkEnabled":0,"redirectLinkValidityFrom":0,"redirectLinkValidityTo":9223372036854776000}],"idStr":"4088945193415610","authorIdStr":"4088945193415610"},"htmlText":"Profit came in at $120 million, compared with $10 million a ⁠year earlier. Wow","listText":"Profit came in at $120 million, compared with $10 million a ⁠year earlier. Wow","text":"Profit came in at $120 million, compared with $10 million a ⁠year earlier. Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/560803348276224","repostId":2633964715,"repostType":2,"repost":{"id":"2633964715","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1777935300,"share":"https://ttm.financial/m/news/2633964715?lang=en_US&edition=fundamental","pubTime":"2026-05-05 06:55","market":"us","language":"en","title":"Singapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2633964715","media":"Reuters","summary":"Grab beat Wall Street expectations for first-quarter revenue on Tuesday.","content":"<html><head></head><body><p>May 5 (Reuters) - Singapore&#39;s <a href=\"https://laohu8.com/S/GRAB\">Grab</a> beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.</p><p>Southeast Asia&#39;s biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.</p><p>With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a &#34;saver&#34; option, to woo customers grappling with higher costs of living.</p><p>About 35% of its users are on the &#34;saver&#34; program, opting for cheaper deliveries, CFO Peter Oey told Reuters.</p><p>&#34;It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,&#34; he said.</p><p>Grab&#39;s quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts&#39; estimates of $921.1 million, according to data compiled by LSEG.</p><p>Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.</p><p>Shares of the company were up 2.5% in ⁠extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d30909897c440ca0ae8467603cbaf72\" title=\"\" tg-width=\"537\" tg-height=\"161\"/></p><p>On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.</p><p>Profit came in at $120 million, compared with $10 million a ⁠year earlier.</p><p>The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.</p><p>Earlier this year, Grab agreed to ⁠buy Delivery Hero&#39;s Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-05-05 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 5 (Reuters) - Singapore&#39;s <a href=\"https://laohu8.com/S/GRAB\">Grab</a> beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.</p><p>Southeast Asia&#39;s biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.</p><p>With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a &#34;saver&#34; option, to woo customers grappling with higher costs of living.</p><p>About 35% of its users are on the &#34;saver&#34; program, opting for cheaper deliveries, CFO Peter Oey told Reuters.</p><p>&#34;It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,&#34; he said.</p><p>Grab&#39;s quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts&#39; estimates of $921.1 million, according to data compiled by LSEG.</p><p>Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.</p><p>Shares of the company were up 2.5% in ⁠extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d30909897c440ca0ae8467603cbaf72\" title=\"\" tg-width=\"537\" tg-height=\"161\"/></p><p>On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.</p><p>Profit came in at $120 million, compared with $10 million a ⁠year earlier.</p><p>The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.</p><p>Earlier this year, Grab agreed to ⁠buy Delivery Hero&#39;s Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","GRAB":"Grab Holdings","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","BK4122":"互联网与直销零售","BK4022":"陆运","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK4230":"旅客陆运","SG9999013478.USD":"利安新加坡股息基金","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","SG9999002406.SGD":"利安新加坡信托基金","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","SG9999001135.SGD":"United ASEAN Fund SGD","LU1839390173.USD":"JPM ASEAN EQUITY \"A\" (USD) INC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260504:nL4N41H1RC:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2633964715","content_text":"May 5 (Reuters) - Singapore's Grab beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.Southeast Asia's biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a \"saver\" option, to woo customers grappling with higher costs of living.About 35% of its users are on the \"saver\" program, opting for cheaper deliveries, CFO Peter Oey told Reuters.\"It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,\" he said.Grab's quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts' estimates of $921.1 million, according to data compiled by LSEG.Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.Shares of the company were up 2.5% in ⁠extended trading.On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.Profit came in at $120 million, compared with $10 million a ⁠year earlier.The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.Earlier this year, Grab agreed to ⁠buy Delivery Hero's Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.","news_type":1,"symbols_score_info":{"GRAB":1.97}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":560789562925216,"gmtCreate":1777943305574,"gmtModify":1777943309102,"author":{"id":"3554709228084997","authorId":"3554709228084997","name":"Tamilan","avatar":"https://static.tigerbbs.com/f9c0c40895d679ae9116bc66aa2adca3","vip":1,"crmLevel":5,"crmLevelSwitch":1,"wearingBadges":[],"idStr":"3554709228084997","authorIdStr":"3554709228084997"},"htmlText":"Be patience.&nbsp;","listText":"Be patience.&nbsp;","text":"Be patience.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/560789562925216","repostId":2633964715,"repostType":2,"repost":{"id":"2633964715","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1777935300,"share":"https://ttm.financial/m/news/2633964715?lang=en_US&edition=fundamental","pubTime":"2026-05-05 06:55","market":"us","language":"en","title":"Singapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2633964715","media":"Reuters","summary":"Grab beat Wall Street expectations for first-quarter revenue on Tuesday.","content":"<html><head></head><body><p>May 5 (Reuters) - Singapore&#39;s <a href=\"https://laohu8.com/S/GRAB\">Grab</a> beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.</p><p>Southeast Asia&#39;s biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.</p><p>With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a &#34;saver&#34; option, to woo customers grappling with higher costs of living.</p><p>About 35% of its users are on the &#34;saver&#34; program, opting for cheaper deliveries, CFO Peter Oey told Reuters.</p><p>&#34;It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,&#34; he said.</p><p>Grab&#39;s quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts&#39; estimates of $921.1 million, according to data compiled by LSEG.</p><p>Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.</p><p>Shares of the company were up 2.5% in ⁠extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d30909897c440ca0ae8467603cbaf72\" title=\"\" tg-width=\"537\" tg-height=\"161\"/></p><p>On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.</p><p>Profit came in at $120 million, compared with $10 million a ⁠year earlier.</p><p>The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.</p><p>Earlier this year, Grab agreed to ⁠buy Delivery Hero&#39;s Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-05-05 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 5 (Reuters) - Singapore&#39;s <a href=\"https://laohu8.com/S/GRAB\">Grab</a> beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.</p><p>Southeast Asia&#39;s biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.</p><p>With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a &#34;saver&#34; option, to woo customers grappling with higher costs of living.</p><p>About 35% of its users are on the &#34;saver&#34; program, opting for cheaper deliveries, CFO Peter Oey told Reuters.</p><p>&#34;It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,&#34; he said.</p><p>Grab&#39;s quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts&#39; estimates of $921.1 million, according to data compiled by LSEG.</p><p>Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.</p><p>Shares of the company were up 2.5% in ⁠extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d30909897c440ca0ae8467603cbaf72\" title=\"\" tg-width=\"537\" tg-height=\"161\"/></p><p>On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.</p><p>Profit came in at $120 million, compared with $10 million a ⁠year earlier.</p><p>The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.</p><p>Earlier this year, Grab agreed to ⁠buy Delivery Hero&#39;s Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","GRAB":"Grab Holdings","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","BK4122":"互联网与直销零售","BK4022":"陆运","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK4230":"旅客陆运","SG9999013478.USD":"利安新加坡股息基金","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","SG9999002406.SGD":"利安新加坡信托基金","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","SG9999001135.SGD":"United ASEAN Fund SGD","LU1839390173.USD":"JPM ASEAN EQUITY \"A\" (USD) INC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260504:nL4N41H1RC:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2633964715","content_text":"May 5 (Reuters) - Singapore's Grab beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.Southeast Asia's biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a \"saver\" option, to woo customers grappling with higher costs of living.About 35% of its users are on the \"saver\" program, opting for cheaper deliveries, CFO Peter Oey told Reuters.\"It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,\" he said.Grab's quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts' estimates of $921.1 million, according to data compiled by LSEG.Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.Shares of the company were up 2.5% in ⁠extended trading.On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.Profit came in at $120 million, compared with $10 million a ⁠year earlier.The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.Earlier this year, Grab agreed to ⁠buy Delivery Hero's Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.","news_type":1,"symbols_score_info":{"GRAB":1.97}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":560779790795736,"gmtCreate":1777940842399,"gmtModify":1777940845919,"author":{"id":"4183541272550112","authorId":"4183541272550112","name":"Etel","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"idStr":"4183541272550112","authorIdStr":"4183541272550112"},"htmlText":"loss or profit","listText":"loss or profit","text":"loss or profit","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/560779790795736","repostId":2633964715,"repostType":2,"repost":{"id":"2633964715","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1777935300,"share":"https://ttm.financial/m/news/2633964715?lang=en_US&edition=fundamental","pubTime":"2026-05-05 06:55","market":"us","language":"en","title":"Singapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2633964715","media":"Reuters","summary":"Grab beat Wall Street expectations for first-quarter revenue on Tuesday.","content":"<html><head></head><body><p>May 5 (Reuters) - Singapore&#39;s <a href=\"https://laohu8.com/S/GRAB\">Grab</a> beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.</p><p>Southeast Asia&#39;s biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.</p><p>With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a &#34;saver&#34; option, to woo customers grappling with higher costs of living.</p><p>About 35% of its users are on the &#34;saver&#34; program, opting for cheaper deliveries, CFO Peter Oey told Reuters.</p><p>&#34;It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,&#34; he said.</p><p>Grab&#39;s quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts&#39; estimates of $921.1 million, according to data compiled by LSEG.</p><p>Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.</p><p>Shares of the company were up 2.5% in ⁠extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d30909897c440ca0ae8467603cbaf72\" title=\"\" tg-width=\"537\" tg-height=\"161\"/></p><p>On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.</p><p>Profit came in at $120 million, compared with $10 million a ⁠year earlier.</p><p>The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.</p><p>Earlier this year, Grab agreed to ⁠buy Delivery Hero&#39;s Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore's Grab Beats Revenue Estimates on Strong Delivery, Mobility Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-05-05 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 5 (Reuters) - Singapore&#39;s <a href=\"https://laohu8.com/S/GRAB\">Grab</a> beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.</p><p>Southeast Asia&#39;s biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.</p><p>With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a &#34;saver&#34; option, to woo customers grappling with higher costs of living.</p><p>About 35% of its users are on the &#34;saver&#34; program, opting for cheaper deliveries, CFO Peter Oey told Reuters.</p><p>&#34;It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,&#34; he said.</p><p>Grab&#39;s quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts&#39; estimates of $921.1 million, according to data compiled by LSEG.</p><p>Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.</p><p>Shares of the company were up 2.5% in ⁠extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0d30909897c440ca0ae8467603cbaf72\" title=\"\" tg-width=\"537\" tg-height=\"161\"/></p><p>On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.</p><p>Profit came in at $120 million, compared with $10 million a ⁠year earlier.</p><p>The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.</p><p>Earlier this year, Grab agreed to ⁠buy Delivery Hero&#39;s Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","GRAB":"Grab Holdings","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","BK4122":"互联网与直销零售","BK4022":"陆运","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","BK4230":"旅客陆运","SG9999013478.USD":"利安新加坡股息基金","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","SG9999002406.SGD":"利安新加坡信托基金","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","SG9999001135.SGD":"United ASEAN Fund SGD","LU1839390173.USD":"JPM ASEAN EQUITY \"A\" (USD) INC"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260504:nL4N41H1RC:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2633964715","content_text":"May 5 (Reuters) - Singapore's Grab beat Wall Street expectations for first-quarter revenue on Tuesday, benefiting from resilient demand for its ride-hailing and food-delivery services after rolling out promotional offers and bundled features to attract more customers.Southeast Asia's biggest ride-hailing and delivery firm has been trying to boost spending on its platform by incorporating artificial-intelligence features into ⁠its superapp and bundling its core ride-hailing, delivery and financial services.With oil and gas prices soaring due to the war in the Middle East, the company has also promoted more affordable offerings, including a \"saver\" option, to woo customers grappling with higher costs of living.About 35% of its users are on the \"saver\" program, opting for cheaper deliveries, CFO Peter Oey told Reuters.\"It is a very good balance between the price-sensitive customers and for those who are less price-sensitive. That gives us the levers also to continue to make sure that our margin ‌for ⁠our delivery business continues to improve,\" he said.Grab's quarterly revenue rose 24% from a year earlier to $955 million, compared with analysts' estimates of $921.1 million, according to data compiled by LSEG.Deliveries revenue increased 23% to $510 million, while mobility revenue was up 19% at $337 million.Shares of the company were up 2.5% in ⁠extended trading.On-demand gross merchandise value rose 24% to $6.1 billion, as growth in both mobility and deliveries accelerated despite seasonal softness typically associated with regional festive periods.Profit came in at $120 million, compared with $10 million a ⁠year earlier.The company faces heavy competition in the Southeast Asian market, with rivals also taking to AI and promotional offers to attract potential customers.Earlier this year, Grab agreed to ⁠buy Delivery Hero's Foodpanda delivery business in Taiwan for $600 million, a major expansion that allows it to capture market share outside its home region.","news_type":1,"symbols_score_info":{"GRAB":1.97}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":9,"commentSize":4,"repostSize":4,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.1","shortVersion":"4.42.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2633964715","isCrawlerRequest":true}