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BRIEF-Grab Reports Third Quarter 2022 Results

Reuters · 11/16/2022 07:05
BRIEF-Grab Reports Third Quarter 2022 Results

- Grab Holdings Ltd GRAB.O:

  • GRAB REPORTS THIRD QUARTER 2022 RESULTS

  • SEES FY REVENUE $1.32 BILLION TO $1.35 BILLION

  • Q3 REVENUE ROSE 143 PERCENT TO $382.0 MILLION

  • Q3 GMV OF $5.1 BILLION, UP 26% YEAR-OVER-YEAR

  • Q3 LOSS OF $342 MILLION, A 65% IMPROVEMENT YEAR-OVER-YEAR

  • CASH LIQUIDITY TOTALED $7.4 BILLION AT END OF Q3, WHILE OUR NET CASH LIQUIDITY WAS $5.3 BILLION

  • FY2022 REVENUE VIEW $1.28 BILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:

Further company coverage: GRAB.O


((Reuters.Briefs@thomsonreuters.com;))