Grab to Announce First Quarter 2022 Results on May 19, 2022
Rhea-AI Summary
Grab Holdings Limited (NASDAQ: GRAB) will announce its first quarter results on May 19, 2022, before the U.S. market opens. A conference call to discuss these results is scheduled for 8:00 AM U.S. Eastern Time on the same day. Grab, a leading Southeast Asian superapp, operates across food deliveries, mobility, and digital financial services in 480 cities across eight countries. The company's mission is to drive economic empowerment in Southeast Asia while delivering financial performance for shareholders.
Positive
- Leading market position in Southeast Asia's food delivery, mobility, and digital financial services.
- Operates in 480 cities across eight countries, enhancing market reach.
- Plans to announce first quarter earnings, indicating transparency and engagement with investors.
Negative
- None.
News Market Reaction – GRAB
In the trading session that priced this news, GRAB declined 4.98%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, April 21, 2022 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its first quarter results before the U.S. market opens on May 19, 2022.
The Company’s management will hold a conference call to discuss the first quarter 2022 results at:
| Date and time: | 8:00 AM U.S Eastern Time on May 19, 2022 8:00 PM Singapore Time on May 19, 2022 |
A link to the call will be posted on the Company’s investor relations website at investors.grab.com prior to the call time. Following the call, a replay of the call, along with the earnings press release and presentation slides, will be available at the same website.
About Grab
Grab is Southeast Asia’s leading superapp based on GMV in 2021 in each of food deliveries, mobility and the e-wallets segment of financial services, according to Euromonitor. Grab operates across the deliveries, mobility and digital financial services sectors in 480 cities in eight countries in the Southeast Asia region – Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. Grab enables millions of people each day to access its driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine, all through a single “everyday everything” app. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone, and since then, the Grab app has been downloaded onto millions of mobile devices. Grab strives to serve a double bottom line: to simultaneously deliver financial performance for its shareholders and a positive social impact in Southeast Asia.
For more information, visit www.grab.com.
For enquiries, please contact:
Investors: investor.relations@grab.com
Media: press@grab.com
