KYG4124C1096 - Common Stock
GRAB HOLDINGS LTD - CL A
NASDAQ:GRAB (11/21/2024, 9:40:24 PM)
After market: 5.6607 -0.01 (-0.16%)5.67
+0.01 (+0.18%)
Grab Holdings Ltd. enables millions of people each day to access its driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine, all through a single “everyday everything” app. The company employs 10,604 full-time employees The company went IPO on 2020-10-01. The firm operates across the deliveries, mobility, and digital financial services sectors in over 700 cities in eight countries in the Southeast Asia region including Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Its application enables people each day to access its driver and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance. Its financial services offerings include digital solutions offered by and with its partners to address the financial needs of driver and merchant partners and consumers, including digital payments, lending, receivables factoring, insurance distribution and wealth management in selected markets.
GRAB HOLDINGS LTD - CL A
9 Straits View, Marina One West Tower #23-07/12
Singapore
P: 6596841256
Employees: 10604
Website: https://www.grab.com/sg/
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Revenue grew 17% year-over-year, or 20% on a constant currency basis to $716 millionOn-Demand GMV grew 15% year-over-year, or 18% on a constant currency...
Grab Holdings Ltd. raised its earnings forecast for the year after quarterly profit topped estimates, helped by cost cuts to tackle the effects of intense competition in Southeast Asia’s ride-hailing and delivery markets.
Indonesia’s GoTo Group reported a quarterly profit on an adjusted basis, a step in its yearslong effort to cut costs and prove to investors it can make money.
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