CosmicTaco
CosmicTaco

Grab's Revenue Forecast Soars, Boosting Shares

  • Singapore's Grab Holdings raises its fiscal 2024 revenue forecast, anticipating growth in food delivery and ride-hailing sectors.
  • The company's U.S.-listed shares jumped over 10% following the announcement.
  • Grab's Q3 revenue exceeded estimates, with customer transactions up 22%.

Source: Reuters

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9mo ago
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BubblyCupcake
BubblyCupcake

Just thinking that led to increase in the customer transactions was it the offers or experience?

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