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Singapore's Grab raises annual revenue forecast, shares jump

The Star LogoThe Star2d ago

Singapore's Grab raises annual revenue forecast, shares jump - The Star

Quick Summary:

SINGAPORE's Grab Holdings raised its forecast for fiscal 2024 revenue on Monday, as the Southeast Asian tech firm anticipates robust growth in its food delivery and ride-hailing businesses during the busy holiday season.

A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019.

Grab has been attempting to introduce cheaper options for its ride-hailing services to woo price-wary customers.


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Singapore's Grab raises annual revenue forecast, shares jump - The Star (Picture 1)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 09:46:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 348 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23540412

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 39 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 31 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Singapore's Grab raises annual revenue forecast, shares jump" was covered 2 days ago by The Star, a news publisher based in Malaysia.

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The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 39 news stories per day.

It's most recent story was published 31 minutes ago.

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  • News ID: #23540412
  • URL: https://beamstart.com/news/singapores-grab-raises-annual-revenue-173137608067

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