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Ride-hailing giant Grab posts first profitable quarter, announces $500 million share buyback

by Editor February 24, 2024, 8:26 am 1.7k Views

Ride-hailing giant Grab posts first profitable quarter, announces $500 million share buyback

A attendee walks past a banner with a Grab logo before a bell-ringing ceremony as Grab begins trading on the Nasdaq, in Singapore, on Thursday, Dec. 2, 2021.

Ore Huiying | Bloomberg | Getty Images

SINGAPORE — Grab posted its first-ever profitable quarter, raking in $11 million in profit, the Southeast Asian ride-hailing giant said in its

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Thursday.

This compares with a $391 million loss recorded in the same period…

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Posted by Editor

? Joel Goodman - 07973 332324 - all rights reserved . 15/02/2024. Staffordshire, UK . The home of ERICA CROMPTON (43) , pictured in the upstairs guest suite, and her partner Paul Nicholls (42), in Silverdale . Photo credit : Joel Goodman

I paid a £60k deposit to live in a notoriously ‘stinky’ village in Keele

Cowboys HC Mike McCarthy will not attend NFL scouting combine in Indianapolis

Cowboys HC Mike McCarthy will not attend NFL scouting combine in Indianapolis

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