Grab Holdings beats quarterly revenue estimates

SHARE NOW

(Reuters) -Grab Holdings beat Wall Street expectations for first-quarter revenue on Tuesday, as the company benefits 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.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Mohammed Safi Shamsi)

Brought to you by www.srnnews.com

Submit a Comment