Grab beats quarterly revenue estimates on resilient consumer spending
Sebastian Ujică
Grab beat analysts' expectations for third-quarter revenue on Monday (Nov 3), supported by robust consumer spending on ride-hailing and food-delivery services as its platform expansion draws in additional users. Grab's push to evolve into a "superapp", integrating food and grocery delivery, ride-hailing and financial services, has gained strong traction among consumers looking for a one-stop shop for their daily mobility and lifestyle needs as they navigate an uncertain economy shaped by
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