Great to see the good progress the company is making towards profitability. Consistent and predictable results and strong leadership will get us there! Rooting for you Grab and Anthony! Make us proud!
Grab Shares Surge over 13% After Raising Annual Revenue Forecast
- Singapore's $Grab Holdings$ raised its forecast for fiscal 2024 revenue on Monday, as it anticipates robust growth in its food delivery and ride-hailing businesses.U.S.-listed shares of the company rose over 13% in extended trading.The company expects revenue in the range of $2.76 billion to $2.78 billion, compared with its prior projection of between $2.70 billion and $2.75 billion.Its mainstay food delivery business has been recovering from a post-pandemic slump in demand as consumers incre
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
