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GRAB News Highlights
- GRAB's 30 day story count now stands at 2.
- Over the past 13 days, the trend for GRAB's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- The most mentioned tickers in articles about GRAB are APP.
Latest GRAB News From Around the Web
Below are the latest news stories about GRAB HOLDINGS LTD that investors may wish to consider to help them evaluate GRAB as an investment opportunity.
Tech Investors in Southeast Asia Want to See the Money—Now
The diverging strategies—and market performances—of two big Southeast Asian tech firms may prove to be an interesting test case. Shares of e-commerce and games company Sea have risen 14% since it reported its first ever quarterly profit last week, according to FactSet. In comparison, shares of loss-making mobility app Grab Holdings are down 18% since its latest earning results in February—despite the firm’s new forecast that it will move toward profitability sooner than previously expected.
Guggenheim Investments Announces March 2023 Closed-End Fund Distributions
NEW YORK, March 01, 2023 (GLOBE NEWSWIRE) -- Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”). The following dates apply to the distributions: Record DateMarch 15, 2023 Ex-Dividend DateMarch 14, 2023 Payable DateMarch 31, 2023Distribution ScheduleNYSE TickerClosed-End Fund NameDistribution Per ShareChange from Previous
Grab Reports Fourth Quarter and Full Year 2022 Results
SINGAPORE, February 23, 2023--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the fourth quarter and full year ended December 31, 2022.
Indonesia’s GoTo Extends Stock Slump After Shaking Up Top Ranks
(Bloomberg) -- GoTo Group shares resumed their decline after the Indonesian ride-hailing and delivery giant sidelined several key executives and switched up its board following a steep market selloff.Most Read from BloombergUS Says 3 Mystery Objects Likely Private, With No China LinkNew Cars Are Only for the Rich Now as Automakers Rake In ProfitsAmerica's Priciest Neighborhoods Are Changing as the Ultra-Rich Move to FloridaGunman Kills Three at Michigan State; Suspect Found DeadUS Scrambles Jets
Grab Hires Singapore Politician for Public Affairs Role
(Bloomberg) -- Grab Holdings Ltd. hired Singapore politician Tin Pei Ling to run its government relations department, as the ride-hailing and delivery company faces regulatory changes in its biggest market.Most Read from BloombergChina Moves From Contrite to Confrontational Over US BalloonUS Downs Chinese Balloon, Prompting Protests from BeijingTrump Offers $1 Million Bond to Appeal Clinton Suit SanctionsWhat You Need to Know About the Alleged Chinese Spy Balloon Shot Down by the USFrom China to
Grab to Announce Fourth Quarter and Full Year 2022 Results on February 23, 2023
NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited fourth quarter and full year 2022 results before the U.S. market opens on February 23, 2023. The Company’s management will hold a conference call to discuss the fourth quarter and full year 2022 results at: Date and time:7:00 AM U.S Eastern Time on February 23, 2023 8:00 PM Singapore Time on February 23, 2023 A link to the call will be posted on the Company’s
Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Applied Materials (AMAT), PGT (PGTI) and Grab (GRAB)
Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Applied Materials (AMAT – Research Report), PGT (PGTI – Research Report) and Grab (GRAB – Research Report). Applied Materials (AMAT) In a report released today, Quinn Bolton from Needham maintained a Buy rating on Applied Materials, with a price target of $120.00. The company's shares closed last Thursday at $104.45. According to TipRanks.
Grab Holdings Third Quarter 2022 Earnings: Beats Expectations
Grab Holdings ( NASDAQ:GRAB ) Third Quarter 2022 Results Key Financial Results Revenue: US$382.0m (up 174% from 3Q...
GRAB Grabs Q3 With Impressive Results
Shares of Grab Holdings (NASDAQ: GRAB) were on an upswing in early morning trading on Wednesday as the superapp in Southeast Asia, which provides services including mobility, deliveries, and digital financial services delivered robust Q3 results. The company reported record revenues of $382 million in Q3, a jump of 143% year-over-year and beating Street estimates by $33.8 million. Losses narrowed in the third quarter to $0.08 per share versus a loss of $3.66 in the same period a year back. Analysts had forecasted a loss of $0.1 per share. Considering these strong results, Grab also raised its FY22 revenues guidance to range between $1.32 billion and $1.
Grab lifts revenue forecast, delivery business breaks even
Grab Holdings Ltd bumped up its 2022 revenue forecast on Wednesday as demand booms for the Southeast Asian super-app's rideshare and delivery services, sending its U.S.-listed shares up 7%. The results capped a strong July-September period in which Grab's adjusted operating loss also narrowed and its food and grocery delivery business broke even three quarters ahead of the company's expectations. Decade-old Grab, a household name in eight Southeast Asian countries, has been trying to stem losses by focusing on higher-paying customers and lowering spending on incentives.