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Market Impact: 0.4
Grab Boosts Sales, Earnings Forecasts on Rising Ride Demand
Source: Bloomberg
Corporate EarningsCorporate Guidance & OutlookConsumer Demand & RetailRegulation & Legislation
Grab Holdings raised its full-year revenue and profit forecasts after quarterly earnings beat estimates. The company cited rising ride-hailing and food-delivery demand across Southeast Asia as expected to offset regulatory hurdles; the article provided no forecast amounts or earnings figures.
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