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GRAB Sep 2024 4.000 call
| Previous close | 0.1500 |
| Open | 0.2000 |
| Bid | 0.1500 |
| Ask | 0.2000 |
| Strike | 4.00 |
| Expiry date | 2024-09-20 |
| Day's range | 0.1300 - 0.2000 |
| Contract range | N/A |
| Volume | |
| Open interest | 15.26k |
- Reuters SG
UPDATE 2-Grab raises annual profit view after strong first-quarter revenue growth
Grab Holdings raised its full-year profit forecast on Wednesday after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures and robust demand for its ride-share services. A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year. In an interview with Reuters, CFO Peter Oey said a surge in Southeast Asian tourism, along with an increase in corporate events and concerts in the last quarter, bolstered the demand for ride-share services.
- GlobeNewswire
Grab Reports First Quarter 2024 Results
Revenue grew 24% year-over-year, or 29% on a constant currency basis to $653 millionOn-Demand GMV grew 18% year-over-year, or 21% on a constant currency basis to $4.2 billionOperating Loss improved by $129 million year-over-year to $(75) millionAdjusted EBITDA improved by $129 million year-over-year to an all-time high of $62 million2024 Adjusted EBITDA guidance raised to $250 – $270 million from $180 – $200 million previously SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NA
Simply Wall St.Is There An Opportunity With Grab Holdings Limited's (NASDAQ:GRAB) 26% Undervaluation?
Key Insights The projected fair value for Grab Holdings is US$4.72 based on 2 Stage Free Cash Flow to Equity Current...
