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 (NASDAQ: GRAB) regularly publishes updates that reflect its role as a Southeast Asia superapp across deliveries, mobility and digital financial services. This news page aggregates company announcements, trading updates and operational disclosures so readers can see how Grab’s business evolves over time.
Recent news releases describe revenue and On-Demand GMV trends across the Deliveries and Mobility segments, along with changes in Adjusted EBITDA and other financial measures. Grab’s quarterly results highlight demand patterns in food and grocery deliveries, ride-hailing activity, user growth, incentive levels and developments in its GrabFin and digital banking businesses.
Beyond earnings, Grab issues news about technology partnerships and infrastructure choices. The company has announced that it selected Amazon Web Services as its preferred cloud provider to support its superapp, and it has shared details on how AWS services, AI models and data platforms underpin its operations. Grab has also reported a multi-year partnership with May Mobility to launch autonomous vehicle services in Southeast Asia, and a planned strategic investment in Vay Technology GmbH, a remote driving technology company.
Investors and observers can use this news feed to follow themes such as product-led growth initiatives, affordability and reliability efforts, advertising developments, and the expansion of digital financial services and digibanks. Bookmark this page to review Grab’s official press releases, quarterly result announcements, technology collaborations and other material updates as they are released.
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.
Grab Holdings Limited (NASDAQ: GRAB) is set to announce its unaudited fourth quarter and full year 2022 results on February 23, 2023, before U.S. market openings. A conference call will be held at 7:00 AM EST, allowing management to discuss the results. Interested parties can access the call via a link on the Company’s investor relations website, with a recording available post-call. Grab is recognized as Southeast Asia’s leading superapp, operating in over 480 cities across eight countries, providing services in delivery, mobility, and digital financial solutions. The company aims to drive economic empowerment in the region.
Grab Holdings Limited (NASDAQ: GRAB) reported a record Q3 revenue of $382 million, a 143% increase year-over-year. The company's Gross Merchandise Value (GMV) rose to $5.1 billion, up 26% YoY, while losses narrowed by 65% to $342 million. Segment adjusted EBITDA reached breakeven in core food deliveries, with a revised FY2022 revenue guidance of $1.32 billion - $1.35 billion. The report highlights a strategic focus on cost optimization and cash preservation amidst challenges from foreign currency translations.
Grab Holdings Limited (NASDAQ: GRAB) is set to announce its unaudited third quarter results on November 16, 2022, before U.S. market opens. A conference call for discussing these results will occur at 8:00 AM Eastern Time. Grab is recognized as Southeast Asia’s leading superapp, facilitating services in food delivery, mobility, and financial solutions across 480 cities in eight countries. The company aims to empower economic growth in the region, making essential services accessible through its app.
Grab Holdings Limited (NASDAQ: GRAB) targets a 45%-55% revenue increase in 2023 and aims for breakeven Group Adjusted EBITDA by H2 2024. The company's second half of 2022 EBITDA is expected to improve by 27% from H1. Grab plans to enhance efficiency and expand its GrabUnlimited subscription program. Strategic partnerships, including one with Trans Retail in Indonesia, aim to optimize grocery deliveries and reduce costs. Innovations in technology, such as Just-in-Time Allocation, also focus on improving driver-partner productivity and service delivery.
Grab Holdings Limited (NASDAQ: GRAB) reported Q2 2022 revenue of $321 million, a 79% increase year-over-year, with GMV rising 30% to $5.1 billion. Despite a loss of $572 million, a 29% improvement year-over-year, the company is optimistic about its path to profitability, targeting earlier break-even timelines for its core food and deliveries segments. Monthly transacting users (MTUs) increased by 12% to 32.6 million, and engagement with multiple services is growing. Adjusted EBITDA margins show improvement, reflecting ongoing cost optimization efforts amid a focus on sustainable growth.
Grab Holdings Limited (NASDAQ: GRAB) announced an upcoming Investor Day on September 27, 2022 at 8:00 AM Singapore Time. This event will feature presentations by senior management detailing the Company’s updated business plan, followed by a live Q&A session from their Singapore headquarters. A live webcast and materials will be accessible at investors.grab.com. Grab is recognized as Southeast Asia’s leading superapp, serving various sectors across eight countries, and aims to promote economic empowerment through its comprehensive app.
Grab Holdings Limited (NASDAQ: GRAB) will release its second quarter results on August 25, 2022, before the market opens. The management will host a conference call at 8:00 AM U.S. Eastern Time to discuss the results, with a link available on their investor relations website. Additionally, Grab executives will participate in several investor events, including the Evercore ISI Technology Conference on September 7, 2022. Grab is a leading superapp in Southeast Asia, offering services in food delivery, mobility, and digital financial services across eight countries.
Grab Holdings Limited (NASDAQ: GRAB) has launched GrabMaps, an enterprise service tapping into a projected US$1 billion mapping market in Southeast Asia by 2025. Initially developed for in-house use, GrabMaps is now operational in 7 out of 8 countries where Grab services are available. The platform handles over 800 billion API calls monthly and boasts a 4x lower error rate compared to third-party providers. Grab aims to be fully self-sufficient with GrabMaps by Q3 2022, enhancing its competitive edge while offering mapping solutions to various enterprises.
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