A Gojek driver looks at a smartphone in Jakarta, Indonesia, on Monday, Dec. 11, 2023. ByteDance Ltd.'s TikTok agreed to invest $1.5 billion in a joint venture with Indonesia's GoTo Group that it will control, part of a pact that lets the Chinese company restart its shopping app in its biggest online-retail market. Photographer: Dimas Ardian/Bloomberg via Getty ImagesIndonesian tech giant GoTo on Tuesday denied it is in merger discussions with Singapore-based ride-hailing rival Grab."The company would also l ...

GoTo has denied that it is in merger talks with Grab Holdings.The company said in a Tuesday (Feb. 13) filing that it “is not having any discussion on such matters,” Reuters reported Tuesday.Bloomberg reported Friday (Feb. 9) that GoTo and Grab Holdings — which are both Southeast Asian ride-hailing and food-delivery companies — had restarted merger talks.“We have only just been aware of the issue from the mass media,” GoTo said in the filing cited by Reuters. “Through this letter, the company would like to c ...

NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company”  or “Grab”), plans to announce its unaudited fourth quarter and full year 2023 results before the U.S. market opens on February 22, 2024.   The Company’s management will hold a conference call to discuss the fourth quarter 2023 results at: Date and time:7:00 AM U.S Eastern Time on February 22, 20248:00 PM Singapore Time on February 22, 2024 A link to the call will be posted on the Company’s investor relations webs ...

NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited fourth quarter and full year 2023 results before the U.S. market opens on February 22, 2024. The Company’s management will hold a conference call to discuss the fourth quarter 2023 results at: 7:00 AM U.S Eastern Time on February 22, 2024 Date and time: 8:00 PM Singapore Time on February 22, 2024 A link to the call will be posted on the Company’s investor relations websi ...

Some of the best penny stocks are primed to reach new heights in the first quarter of this year. I expect investor’s risk tolerance to increase amid a broadening market breadth as the valuations of mega caps and large caps may be too rich to be sufficiently attractive. There are definitely some penny stocks to watch if you are looking to buy something ready to explode. The penny stocks discussed in this article trade at great prices most importantly have bullish upsides and prospects. Caution must always be ...

Technically speaking, stocks with the potential for exponential growth simply show a pattern of sharper increases over time. Practically speaking, we’re really talking about finding firms with the ability to produce rapid returns over a shorter period.These companies could be referred to as unicorns, as we’re seeking to identify particularly strong companies that are rare. It shouldn’t surprise any readers that artificial intelligence (AI) plays a big factor in creating unicorns. That isn’t to say all the f ...

Disclaimo Unaudited Financial Information See belever for additional englalatan should the norHPS financial measures, including their definitions and a reconciliant torder on the conspirable/ FiFS (firestrical mes guldance and tragels provided in thisdocument and the investor webcast, Grab sunable providea reconcillation of these forward-booking nonfilfs measures of the most directly because the information needed to reconcile these measuresis dependent on future events, many of which Grab is unable to cont ...

There are three key areas I want to call out. Firstly, we expect to drive sequential growth in our deliveries and mobility segments. Demand is robust in July as we continue to drive key affordability initiatives to unlock a greater segment of the market to cater to more users while deepening engagement and loyalty with GrabUnlimited. Secondly, we expect to scale up new opportunities in financial services and advertising where we see strong demand potential and benefits for our overall ecosystem. Alexander H ...

GRAB HOLDINGS LIMITED INTERIM REPORT FOR THE SIX MONTHS ENDED JUNE 30, 2023 PRELIMINARY NOTE Our unaudited condensed consolidated financial statements as of June 30, 2023 and for the six months ended June 30, 2023, included herein, have been prepared in accordance with IAS 34 Interim Financial Reporting, as issued by the International Accounting Standards Board ("IASB") and are reported in U.S. Dollars. These should be read in conjunction with our audited financial statements as of December 31, 2022 and for ...

Exhibit 99.1 SINGAPORE, May 18, 2023 - Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2023. "This quarter, we reported another solid set of results which reflects our disciplined focus to drive sustainable growth and profitability. Our revenues for the quarter more than doubled year-over-year ("YoY") 1 , while we reduced our Adjusted EBITDA losses by 77% YoY," said Anthony Tan, Group Chief Executive Officer and Co-Founder of Grab. "With ...