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A lot of free cash flow

What are u grab drivers and riders waiting for?

Short it!

Grab Raises Full-Year 2024 Profit Forecast

May 15 - $Grab Holdings$ raised its full-year profit forecast on Wednesday, underscoring gains from recent cost reduction measures and growth in its ride-share and food delivery businesses.A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year.The company now expects adjusted core profit between $250 million and $270 million, compared to its ear

Grab Raises Full-Year 2024 Profit Forecast

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Short it!","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/306300337774680","repostId":2435699302,"repostType":2,"repost":{"id":"2435699302","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":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1715814224,"share":"https://www.laohu8.com/m/news/2435699302?lang=&edition=full","pubTime":"2024-05-16 07:03","market":"us","language":"en","title":"Grab Raises Full-Year 2024 Profit Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2435699302","media":"Reuters","summary":"May 15  - $Grab Holdings$ raised its full-year profit forecast on Wednesday, underscoring gains from recent cost reduction measures and growth in its ride-share and food delivery businesses.A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year.The company now expects adjusted core profit between $250 million and $270 million, compared to its ear","content":"<html><head></head><body><p>May 15 (Reuters) - <a href=\"https://laohu8.com/S/GRAB\">Grab Holdings</a> raised its full-year profit forecast on Wednesday, underscoring gains from recent cost reduction measures and growth in its ride-share and food delivery businesses.</p><p>A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year.</p><p>The company now expects adjusted core profit between $250 million and $270 million, compared to its earlier forecast of $180 million to $200 million.</p><p>Grab kept its full-year revenue forecast range unchanged at $2.70 billion to $2.75 billion.</p><p>For the quarter ended March 31, the company&#39;s revenue rose 24% to $653 million, higher than analysts&#39; estimates of $642.4 million, per LSEG data.</p><p>Sales from the food delivery business - its largest - grew 19%, and the ride-share business 27%, both topping analysts&#39; consensus estimates from Visible Alpha.</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>Grab Raises Full-Year 2024 Profit Forecast</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; 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\">\nGrab Raises Full-Year 2024 Profit Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-16 07:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 15 (Reuters) - <a href=\"https://laohu8.com/S/GRAB\">Grab Holdings</a> raised its full-year profit forecast on Wednesday, underscoring gains from recent cost reduction measures and growth in its ride-share and food delivery businesses.</p><p>A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year.</p><p>The company now expects adjusted core profit between $250 million and $270 million, compared to its earlier forecast of $180 million to $200 million.</p><p>Grab kept its full-year revenue forecast range unchanged at $2.70 billion to $2.75 billion.</p><p>For the quarter ended March 31, the company&#39;s revenue rose 24% to $653 million, higher than analysts&#39; estimates of $642.4 million, per LSEG data.</p><p>Sales from the food delivery business - its largest - grew 19%, and the ride-share business 27%, both topping analysts&#39; consensus estimates from Visible Alpha.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4122":"互联网与直销零售","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK4022":"陆运","BK4230":"旅客陆运"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2435699302","content_text":"May 15 (Reuters) - Grab Holdings raised its full-year profit forecast on Wednesday, underscoring gains from recent cost reduction measures and growth in its ride-share and food delivery businesses.A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year.The company now expects adjusted core profit between $250 million and $270 million, compared to its earlier forecast of $180 million to $200 million.Grab kept its full-year revenue forecast range unchanged at $2.70 billion to $2.75 billion.For the quarter ended March 31, the company's revenue rose 24% to $653 million, higher than analysts' estimates of $642.4 million, per LSEG data.Sales from the food delivery business - its largest - grew 19%, and the ride-share business 27%, both topping analysts' consensus estimates from Visible Alpha.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":65,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}