Grab Holdings beats quarterly revenue estimates

April 30, 2025

, By The Economic Times

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Grab Holdings beat Wall Street expectations for first-quarter revenue on Tuesday, as the company benefited from strong spending on its ride-hailing and food delivery platform despite strong competition. The company reported revenue of $773 million in the first quarter, compared with estimates of $762.6 million, according to data compiled by LSEG.

US-listed shares of the Singapore-based company were up more than 1% in extended trading.

Grab’s move to make its platform a “superapp” by incorporating financial services has strengthened its dominant…

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Grab Holdings beats quarterly revenue estimates

April 30, 2025

, Published By The Economic Times

Grab Holdings beat Wall Street expectations for first-quarter revenue on Tuesday, as the company benefited from strong spending on its ride-hailing and food delivery platform despite strong competition. The company reported revenue of $773 million in the first quarter, compared with estimates of $762.6 million, according to data compiled by LSEG.

US-listed shares of the Singapore-based company were up more than 1% in extended trading.

Grab’s move to make its platform a “superapp” by incorporating financial services has strengthened its dominant…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Apple continues leadership changes in two more divisions

Next News

PayPal-owned Venmo’s revenue up 20% as debit card use surges

The Economic Times

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