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0.00131285556504895 0.00131285556504895 0.00548065100964844 0.00141705045116389 0.00235480442619883 0.00131285556504895 0.000500135453352079 0.00548065100964844
Stock impact report

Grab Q4 On-Demand Incentives Grow Due To Competition, Issues Cautious FY25 Outlook Despite Strong GMV And User Growth [Yahoo! Finance]

Grab Holdings Limited (GRAB) 
Company Research Source: Yahoo! Finance
EPS of $0.01 beat the consensus loss of $(0.01) . The stock price declined after the results. Also Read: Grab Follows Uber's Lead, To Add Over 1K BYD EVs to Indonesian Fleet for Green Rides Total incentives were $512 million in the quarter, with On-Demand incentives as a proportion of On-Demand GMV at 10.1%, compared to 9.4% in the fourth quarter of 2023. Revenue for the Deliveries segment rose 13% year-on-year (10% year-on-year on a CC basis) to $407 million, driven by GMV growth and higher contributions from Advertising. Mobility revenue was $282 million, up 19% year-on-year (17% year-on-year on a CC basis). This was underpinned by more substantial demand levels, with Mobility MTUs increasing by 22% while average order frequency g Read more
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