Grab Reports Fourth Quarter and Full Year 2023 Results and Announces Inaugural Share Repurchase Program of Up to $500 Million [Yahoo! Finance]
Grab Holdings Limited (GRAB)
Company Research
Source: Yahoo! Finance
• Q4 2023 Adjusted EBITDA improved by $146 million year-over-year to $35 million • Grab's Board of Directors has authorized the repurchase of up to $500 million of the Company's Class A ordinary shares SINGAPORE, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the fourth quarter and full year ended December 31, 2023. “2023 was a pivotal year for us. We generated over $11 billion of earnings for our partners, achieved strong top-line growth as we exited the year with Mobility GMV above pre-COVID levels and Deliveries GMV growth re-accelerating, while also reaching Adjusted EBITDA profitability in the year,” said Anthony Tan, Group Chief Executive Officer and Co-Founder of Grab . “We will continue to execute towards sustainable and profitable growth in 2024, as we deepen engagement with our users through affordable and high value offerings, grow our Financial Services business, while continuing to outserve our
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GRAB
News
- Grab Holdings Limited (NASDAQ: GRAB) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $6.00 price target on the stock.MarketBeat
- Grab Holdings Limited (GRAB) Increases Yet Falls Behind Market: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Wall Street Analysts Think Grab (GRAB) Is a Good Investment: Is It? [Yahoo! Finance]Yahoo! Finance
- Grab Holdings Limited (GRAB) Flat As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Investors Heavily Search Grab Holdings Limited (GRAB): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
GRAB
Earnings
- 2/22/24 - Beat
GRAB
Sec Filings
- 4/8/24 - Form 144
- 4/1/24 - Form 6-K
- 4/1/24 - Form 6-K
- GRAB's page on the SEC website