Singapore's Grab raises annual revenue forecast, shares jump

Singapore's Grab raises annual revenue forecast, shares jump

The Star Online - Business·2024-11-12 11:01

SINGAPORE's Grab Holdings raised its forecast for fiscal 2024 revenue on Monday, as the Southeast Asian tech firm anticipates robust growth in its food delivery and ride-hailing businesses during the busy holiday season.

U.S.-listed shares of the company jumped more than 10% in extended trading.

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