Welcome to our dedicated page for Grab Holdings news (Ticker: GRAB), a resource for investors and traders seeking the latest updates and insights on Grab Holdings stock.
Grab Holdings Limited (GRAB) operates Southeast Asia's leading super app, integrating ride-sharing, food delivery, and digital financial services. This news hub provides investors and professionals with essential updates on corporate developments, strategic partnerships, and market performance.
Access official press releases alongside curated analysis of GRAB's mobility innovations, payment ecosystem expansions, and enterprise solutions. Our coverage spans quarterly earnings disclosures, regulatory filings, leadership changes, and technology deployments across eight countries.
Key updates include service launches in new markets, driver-partner initiatives, merchant network growth, and financial services adoption metrics. Bookmark this page for real-time tracking of GRAB's evolving position in the competitive super app landscape.
Grab Holdings Limited (NASDAQ: GRAB), Southeast Asia’s leading superapp, has filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the Securities and Exchange Commission on April 26, 2023. This report includes audited consolidated financial statements and can be accessed on the SEC's website and Grab's investor relations website. Grab operates in eight Southeast Asian countries, serving over 500 cities and is recognized as a category leader in food delivery and mobility services. Founded in 2012, Grab aims to empower the region economically while also prioritizing social and environmental impact.
Grab Holdings Limited (NASDAQ: GRAB) is set to announce its unaudited first quarter 2023 results before U.S. markets open on May 18, 2023. A conference call to discuss the results will take place at 8:00 AM U.S. Eastern Time, coinciding with 8:00 PM Singapore Time on the same day. Interested parties can access the call via a link posted on the Company's investor relations website. After the call, a replay along with the earnings press release and presentation slides will be available online.
Founded in 2012, Grab is a prominent superapp in Southeast Asia offering services in deliveries, mobility, and digital financial services across 500 cities in eight countries, including Singapore and Vietnam. The company aims to empower users while delivering positive financial, social, and environmental impacts.
Grab Holdings Limited (NASDAQ: GRAB) reported a significant revenue increase of 310% year-over-year, reaching $502 million in Q4 2022, with a full year revenue of $1,433 million. GMV for Q4 grew 11% year-over-year, totaling $5 billion, while the company's loss improved by 64% to $391 million. The adjusted EBITDA loss decreased by 63%, signaling a focus on sustainable growth and profitability. The group anticipates achieving breakeven adjusted EBITDA by Q4 2023, ahead of previous estimates. Cash liquidity at the end of Q4 was $6.5 billion, reflecting a disciplined approach to capital management.
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