Grab reports Q3 revenue up 17% YoY to $716M, vs $700.8M est., a $15M profit, and raises its forecast for fiscal 2024 revenue; GRAB jumps 10%+ after hours (Zaheer Kachwala/Reuters)

Posted on November 11, 2024
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Zaheer Kachwala / Reuters:
Grab reports Q3 revenue up 17% YoY to $716M, vs $700.8M est., a $15M profit, and raises its forecast for fiscal 2024 revenue; GRAB jumps 10%+ after hours — Singapore’s Grab Holdings (GRAB.O) raised its forecast for fiscal 2024 revenue on Monday, as it anticipates robust growth in its food delivery and ride-hailing businesses.

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