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Grab shares surge in US as company raises 2024 earnings forecast amid cost-cutting measures

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Grab Holdings Ltd News

US Stock Market,Peter Oey

SINGAPORE, Nov 12 – Shares of Grab Holdings Ltd reportedly rose by up to 15 per cent in US stock market near closing, after the ride-hailing and delivery company increased its...

Travel alert: Heavy traffic expected at Singapore’s Tuas, Woodlands checkpoints amid year-end school holiday rush from Nov 15 to Jan 1

“We continue to remain bullish as we arrive at the last couple of months of the year,” Grab’s chief financial officer, Peter Oey, told“We’re seeing good conversion, from to free cash flow, which is another critical piece metric that we look at.”

 

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