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Grab raises 2024 profit forecast
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Grab raises 2024 profit forecast
May 15, 2024 4:10 PM

May 15 (Reuters) - Grab Holdings ( GRAB ) raised its

full-year profit forecast on Wednesday, underscoring gains from

recent cost reduction measures and growth in its ride-share and

food delivery businesses.

The company now expects adjusted core profit in the range of

$250 million to $270 million, compared to its earlier forecast

of $180 million to $200 million.

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