Articles from Grab Holdings Limited

SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQGRAB) today announced unaudited financial results for the third quarter ended September 30, 2024.

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company”  or “Grab”), plans to announce its unaudited third quarter 2024 results after the U.S. market closes on November 11, 2024.  

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company”  or “Grab”), plans to announce its unaudited third quarter 2024 results after the U.S. market closes on November 12, 2024.  

•   Revenue grew 17% year-over-year, or 23% on a constant currency basis to $664 million•   On-Demand GMV grew 13% year-over-year, or 18% on a constant currency basis to $4.4 billion•   Operating Loss improved by $121 million year-over-year to $(56) million•   Adjusted EBITDA improved by $81 million year-over-year to $64 million

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited second quarter 2024 results before the U.S. market opens on August 15, 2024.

SINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQGRAB) today announced unaudited financial results for the first quarter ended March 31, 2024.

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited first quarter 2024 results after the U.S. market closes on May 15, 2024.

NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQGRAB)(“Grab” or the “Company”), Southeast Asia’s leading superapp, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on March 28, 2024. The annual report can be accessed via the SEC's website at http://www.sec.gov and the Company’s investor relations website at https://investors.grab.com/.

• Q4 2023 Revenue grew 30% year-over-year to $653 million• Q4 2023 Profit for the period was positive at $11 million• Q4 2023 Adjusted EBITDA improved by $146 million year-over-year to $35 million• Grab’s Board of Directors has authorized the repurchase of up to $500 million of the Company’s Class A ordinary shares

NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company”  or “Grab”), plans to announce its unaudited fourth quarter and full year 2023 results before the U.S. market opens on February 22, 2024.  

Grab Holdings Limited (NASDAQGRAB) today announced its unaudited financial results for the third quarter ended September 30, 2023.

NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited third quarter 2023 results before the U.S. market opens on November 9, 2023.

Grab Holdings Limited (NASDAQGRAB) today announced unaudited financial results for the second quarter ended June 30, 2023.

NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited second quarter 2023 results before the U.S. market opens on August 23, 2023.

Grab Holdings Limited (NASDAQGRAB) today announced unaudited financial results for the first quarter ended March 31, 2023.

Grab Holdings Limited (NASDAQGRAB) today announced a new target as part of its Environment, Social and Governance (ESG) commitments. Aimed at tackling Southeast Asia’s packaging waste problem, Grab is committing to achieve zero packaging waste in nature by 2040.

NEW YORK, April 26, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQGRAB)(“Grab” or the “Company”), Southeast Asia’s leading superapp, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission on April 26, 2023. The annual report can be accessed via the SEC's website at http://www.sec.gov and the Company’s investor relations website at https://investors.grab.com/.

NEW YORK, April 25, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited first quarter 2023 results before the U.S. market opens on May 18, 2023.

Grab Holdings Limited (NASDAQGRAB) today announced unaudited financial results for the fourth quarter and full year ended December 31, 2022.

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.

Grab Holdings Limited (NASDAQGRAB) today announced unaudited financial results for the quarter ended September 30, 2022.

NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited third quarter results before the U.S. market opens on November 16, 2022.

Grab Holdings Limited (NASDAQGRAB) announced today at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA1 basis by the second half of 2024, as it accelerates its path to profitability. For the second half of 2022, Group Adjusted EBITDA is expected to be $(380) million, a 27% improvement compared to the first half of 2022. With a focus on sustainable growth, Grab also announced that it expects Group revenues to grow strongly between 45% to 55% year-on-year in 2023 on a constant currency basis2. Grab also expects to reach breakeven for its Digibank operations by 2026.

Grab Holdings Limited (NASDAQGRAB) today announced financial results for the quarter ended June 30, 2022.

Grab Holdings Limited (NASDAQGRAB) today announced the launch of GrabMaps, a new enterprise service that will allow the company to tap into the US$1 billion market opportunity in Southeast Asia per year for mapping and location-based services1. First developed for in-house use, GrabMaps was created to address Grab’s need for a more hyperlocal solution to power its services.

Grab Holdings Limited (NASDAQGRAB) today announced financial results for the quarter ended March 31, 2022.

Grab Holdings Limited (NASDAQGRAB) and Singtel announced today that GXS Bank Pte. Ltd., their digital bank joint venture, and a consortium of Malaysian investors including Kuok Brothers Sdn. Bhd (the “Malaysia digital bank consortium”) have been selected to receive a full digital banking licence in Malaysia, subject to meeting all of Bank Negara Malaysia’s regulatory conditions. Subject to regulatory approvals, the digital bank joint venture will hold a 55.45% stake in the proposed Malaysia digital bank, which will be led by Ms Pei Si Lai, a financial services industry veteran with over 25 years of experience. Ms Lai has been appointed its CEO designate and will form a dedicated team that aims to redefine banking for the estimated one in two Malaysians who are underserved or unbanked.

Grab Holdings Limited, (NASDAQGRAB), announces a fireside chat hosted by Mark Mahaney from Evercore ISI on Wednesday, January 26, 2022 at 11:00 a.m. ET. Mr. Mahaney and Ming Maa, President of Grab, will discuss the company's business and how its unique superapp strategy is key to unlocking the vast market opportunity in Southeast Asia.

Grab Holdings Limited (Nasdaq: GRAB) (“Grab”), a leading superapp in Southeast Asia1, is celebrating its milestone public listing with Grab employees, driver-, delivery- and merchant-partners in Nasdaq’s first-ever opening bell ceremony to be hosted in the region.

Grab Holdings Limited (“Grab”), Southeast Asia’s leading superapp1, today completed its previously announced business combination with Altimeter Growth Corp. (Nasdaq: AGC) (“Altimeter”), a special purpose acquisition company. The transaction raised gross proceeds of US$4.5 billion in the largest-ever U.S. public market debut by a Southeast Asian company. The business combination was approved by Altimeter stockholders in a special meeting held on November 30, 2021. Grab’s common stock is expected to begin trading on the Nasdaq on December 2, 2021 under the ticker symbol "GRAB."