Grab raises annual revenue forecast

By Reuters

Nov 13, 2024 12:23 am

SINGAPORE'S Grab Holdings raised its forecast for fiscal 2024 revenue on Monday, as the Southeast Asian tech firm anticipates robust growth in its food delivery and ride-hailing businesses during the busy holiday season.

US-listed shares of the company jumped more than 10 percent in extended trading.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

China faces growing trade risks

Japan's service activity expands

Biden move on US Steel causes concern

Italy in talks for $1.5-B SpaceX security deal

Vietnam economy expands 7% in 2024

China central bank vows 'moderately loose' policy

The rise and near decline of US Steel