Grab CFO: Southeast Asia still a very under-penetrated market
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Grab has raised its full-year outlook on revenue and EBITDA, with CFO Peter Oey highlighting strong demand in Southeast Asia and positive earnings prospects.
November 12, 2024 | 4:00 am
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Grab has increased its full-year revenue and EBITDA outlook, driven by strong demand in Southeast Asia. CFO Peter Oey highlights positive earnings prospects.
The news indicates a positive outlook for Grab's financial performance, with increased revenue and EBITDA expectations. This suggests potential stock price appreciation due to strong demand in Southeast Asia.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100