يحاول ذهب - حر
Grab shares jump after it raises earnings and revenue forecasts
November 13, 2024
|The Straits Times
Grab Holdings shares jumped as much as 15 per cent in late US trading after the South-east Asia ride-hailing and delivery leader boosted its earnings forecast for the year, helped by cost cuts to tackle intense competition.
-
The company predicted US$308 million (S$410.6 million) to US$313 million in adjusted full-year earnings before interest, taxes, depreciation and amortisation, more than the US$270 million it had forecast earlier.
Earnings for the third quarter ended September on that basis were US$90 million, exceeding the US$66.2 million analysts predicted, and Grab also posted its second net income.
Revenue in 2024 will be as much as US$2.78 billion, Grab said, rather than the up to US$2.75 billion it predicted earlier. Third-quarter revenue rose 17 per cent to US$716 million, compared with the US$697 million that analysts were expecting.
هذه القصة من طبعة November 13, 2024 من The Straits Times.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Straits Times
The Straits Times
French macaron maker Laduree to return with pop-up at Ion Orchard
Move over, Pierre Herme. French patisserie Laduree is back to muscle in on the macaron action in Singapore.
2 mins
November 04, 2025
The Straits Times
Kipchoge to run in 7 continents to inspire
Two-time Olympic marathon champion Eliud Kipchoge says he will run seven marathons on seven continents over the next two years to raise funds for causes he believes in even as he continues to race at the elite level.
2 mins
November 04, 2025
The Straits Times
$186m magnet plant to boost rare earth sector in Malaysia: Anwar
Malaysian Prime Minister Anwar Ibrahim said the development of a RM600 million (S$185.8 million) super magnet manufacturing facility in the state of Pahang will strengthen the nation’s rare earth sector, state media reported.
1 min
November 04, 2025
The Straits Times
Coach operator Aeroline told to suspend all S'pore-Malaysia trips from Nov 6 to Dec 5
Malaysian coach operator Aeroline, which provides trips between Singapore and Malaysia, will temporarily suspend all its trips between Nov 6 and Dec 5.
2 mins
November 04, 2025
The Straits Times
US Republicans accused of choosing to ‘weaponise hunger’
House Democrat blames them for lapse of funding for food aid scheme for Americans
2 mins
November 04, 2025
The Straits Times
For a literary saint, author Margaret Atwood can sure hold a grudge
Canadian novelist Margaret Atwood does not like being called a prophet.
4 mins
November 04, 2025
The Straits Times
Thrift sellers, shoppers bemoan Indonesia's planned crackdown
The Indonesian government's plan to clamp down on imported used clothes, which are in violation of an existing ban, has drawn negative responses from thrift sellers and shoppers in Jakarta, especially in light of an increase in the cost of living and sustainability issues.
3 mins
November 04, 2025
The Straits Times
Australia and S-E Asia drifting apart over US-China rivalry
As Canberra doubles down on ties with the US and Aukus, its hopes of forging deeper links with Asean face growing headwinds.
5 mins
November 04, 2025
The Straits Times
China knows 'consequences' of any attack on Taiwan: Trump
But he stops short of saying US will provide military support to fend off an invasion
2 mins
November 04, 2025
The Straits Times
Look into how delivery riders are affecting road safety
Letter of the day
1 min
November 04, 2025
Listen
Translate
Change font size