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0.00558659217877095 0.00279329608938554 0.0109776536312849 0.00558659217877095 0.00837988826815649 0.0195530726256984 0.0195530726256984 0.0195530726256984
Stock impact report

Grab Reports First Quarter 2024 Results [Yahoo! Finance]

Grab Holdings Limited (GRAB) 
Company Research Source: Yahoo! Finance
Operating Loss improved by $129 million year-over-year to $(75) million Adjusted EBITDA improved by $129 million year-over-year to an all-time high of $62 million 2024 Adjusted EBITDA guidance raised to $250 – $270 million from $180 – $200 million previously SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2024. “Our focus on product-led growth is bearing fruit, with On-Demand GMV scaling to new highs in spite of the seasonal impact we usually see in the first quarter of the year. Our push on affordability and reliability is pulling more people onto our platform and driving up order frequency. We also continue to see our partner earnings trending up,” said Anthony Tan, Group Chief Executive Officer and Co-Founder of Grab . “We continue to strengthen our category position and we will leverage this scale and our technological edge to serve our users and partners bet Show less Read more
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