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Grab lifts annual revenue forecast

Reuters · 11/16/2022 07:04
Grab lifts annual revenue forecast

- Grab Holdings Ltd GRAB.O on Wednesday raised its forecast for annual revenue as demand for its ride-hailing service and deliveries remains strong across Southeast Asia.

The company said it expected revenue between $1.32 billion and $1.35 billion. It had previously forecast revenue between $1.25 billion and $1.30 billion for the year.

(Reporting by Vansh Agarwal in Bengaluru; Editing by Sriraj Kalluvila)