$Grab Holdings(GRAB)$ Grab's r

$Grab Holdings(GRAB)$ Grab's revenue growth might slow slightly in the third quarter before potentially accelerating in the fourth quarter, supported by an expected rise in ride-hailing demand from Chinese travellers during China's Golden Week holiday. Sensor Tower data suggests Grab's transacting users could increase by over 10% compared to last year in Q3, although the adoption of lower-cost service tiers might dilute average spending per user, impacting overall revenue in mobility and food delivery.

Grab Jumps 10% on Lift Guidance! Expect More Rally After Earnings?

Grab Holdings turned a profit in the third quarter, moving from a loss of $99 million (about SGD 132 million) a year ago to a profit of $15 million. The group expects strong business growth and has raised its full-year revenue forecast for fiscal year 2024. --------------- Will you trade Grab after it turns to profit? Do you use Grab services? What's your target price?

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