Grab Lifts 2026 Forecasts on Strong Demand
Grab raised its annual revenue and profit forecasts after reporting a third quarter revenue jump. The ride hailing firm also posted its first core profit in its financial services unit.
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Grab Holdings Ltd - Cl A raised its 2026 revenue forecast to a range of $4.15 billion and $4.20 billion after third-quarter revenue rose 27% to $1.11 billion. The upward revision follows steady growth in ride-hailing and delivery services across Singapore and the broader region. Stronger platform activity highlights resilient consumer demand despite ongoing inflationary pressures.
