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Grab Boosts Earnings Forecast on Robust Ride, Delivery Demand

Bloomberg Technology Monday 03 August 2026, 22:40 UTC By Olivia Poh 1 min read
Key Points

Asia Grab Boosts Earnings Forecast on Robust Ride, Delivery Demand Grab Holdings Ltd. raised its annual earnings and sales forecasts, a sign that robust demand from Southeast Asian commuters is helping to absorb impact of higher fuel prices stemming from the Middle East conflict. The ride-hailing and delivery company predicted $720 million to $740 million in adjusted earnings before interest, taxes, depreciation and amortization for this year, while sales will be as much as $4.15 billion. In...

Asia Grab Boosts Earnings Forecast on Robust Ride, Delivery Demand Grab Holdings Ltd. raised its annual earnings and sales forecasts, a sign that robust demand from Southeast Asian commuters is helping to absorb impact of higher fuel prices stemming from the Middle East conflict. The ride-hailing and delivery company predicted $720 million to $740 million in adjusted earnings before interest, taxes, depreciation and amortization for this year, while sales will be as much as $4.15 billion. In May, the company had forecast earnings on that basis of as much as $720 million and up to $4.1 billion in sales.
Robust Ride (LOCATION) Delivery Demand Grab Holdings Ltd. (ORG) Southeast Asian (ORG) the Middle East (LOCATION)
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