Singapore's Grab lifts annual revenue forecast
Reuters2026/08/03 22:24Aug 4 (Reuters) - Singapore's Grab GRAB.O raised its annual revenue forecast on Tuesday, betting on stronger demand for its ride-hailing and delivery services, helped by promotional offers and platform expansion efforts by the company.
Grab, the biggest ride-hailing and delivery firm in Southeast Asia, now expects total revenue of between $4.10 billion and $4.15 billion for 2026, compared with its prior projection of $4.04 billion to $4.10 billion.
Analysts on average expect annual revenue of $4.12 billion, according to data compiled by LSEG.
(Reporting by Deborah Sophia in Bengaluru; Editing by Shailesh Kuber)
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