Previous Close | 0.3100 |
Open | 0.3100 |
Bid | 0.3101 x 900 |
Ask | 0.3700 x 1800 |
Day's Range | 0.3100 - 0.3100 |
52 Week Range | 0.2760 - 0.8500 |
Volume | |
Avg. Volume | 29,601 |
Market Cap | N/A |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
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Grab Holdings forecast a smaller operating loss for the current year and pulled forward its profitability timeline on Wednesday, as cost savings from its recent workforce reduction supplement strong demand for its food delivery and ride-share services. Grab is undergoing a restructuring focused on lowering costs, with measures including cuts to its cloud bill and consumer and worker incentives. "While we tried to optimize our bottom-line, we're also making sure that we can continue to grow our business," Grab CFO Peter Oey said in an interview.
SINGAPORE, August 23, 2023--Group Adjusted EBITDA breakeven guidance brought forward to Q3 2023 from Q4 2023.
Key Insights The projected fair value for Grab Holdings is US$3.66 based on 2 Stage Free Cash Flow to Equity Current...