Grab Raises Profitability Metric Forecast as Quarterly Loss Narrows
The Southeast Asian ride-hailing and delivery specialist raised its full-year forecast for a key profitability metric, citing cost-cutting efforts and expansion in its core businesses that helped narrow its net loss in the first quarter.
The Southeast Asian ride-hailing and delivery specialist raised its full-year forecast for a key profitability metric, citing cost-cutting efforts and expansion in its core businesses that helped narrow its net loss in the first quarter.
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