GoTo Posts Rare Profit After Sale to TikTok, Big Cost Cuts [Yahoo! Finance]
Grab Holdings Limited (GRAB)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg NY Transit Agency Takes Next Step on Brooklyn-Queens Rail Link There Will Soon Be No Meatpackers Left in NYC's Historic Meatpacking District Inside NYC's Playbook for Getting Federal Grant Funds A South Korean City Plays Matchmaker to Tackle a Fertility Crisis A Courtyard Apartment Building Designed for Southwest Sprawl The company, which battles stiff competition from Singapore's Grab Holdings Ltd. in ride-hailing and food delivery, reported a 137 billion rupiah ($8.7 million) adjusted earnings before interest, taxes, depreciation and amortization for the three months through September. That compares with a pro-forma loss of 559 billion rupiah a year earlier. GoTo reiterated Wednesday it expects to break even on an adjusted Ebitda basis for the full year. Third-quarter net revenue, which strips out incentives to driver and merchant partners and promotions to users, more than doubled on a pro-forma basis to 3.9 trillion rupiah. The company has
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GRAB
News
- GoTo Posts Rare Profit After Sale to TikTok, Big Cost Cuts [Yahoo! Finance Canada]Yahoo! Finance Canada
- Grab Holdings Limited (GRAB) Stock Moves -0.48%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Grab Holdings Limited (NASDAQ: GRAB) is now covered by analysts at Daiwa Capital Markets. They set an "outperform" rating and a $4.60 price target on the stock.MarketBeat
- Brokers Suggest Investing in Grab (GRAB): Read This Before Placing a Bet [Yahoo! Finance]Yahoo! Finance
- UPDATE - Grab to Announce Third Quarter 2024 Results on November 11, 2024GlobeNewswire
GRAB
Earnings
- 8/15/24 - In-Line
GRAB
Sec Filings
- 10/21/24 - Form 144
- 10/15/24 - Form 144
- 10/9/24 - Form 144
- GRAB's page on the SEC website