{"id":49868,"date":"2026-05-05T07:50:36","date_gmt":"2026-05-04T23:50:36","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=49868"},"modified":"2026-05-05T07:50:36","modified_gmt":"2026-05-04T23:50:36","slug":"singapores-grab-beats-quarterly-revenue-estimates","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=49868","title":{"rendered":"Singapore&#8217;s Grab beats quarterly revenue estimates"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p>Grab has been trying to boost spending on its platform by incorporating artificial-intelligence features into its superapp and bundling its core ride-hailing, delivery and financial services.<\/p>\n<p>With oil and gas prices pushed up by the war in the Middle East, the company has also leaned on promoting more affordable offerings, including its \u201csaver\u201d option, to woo customers grappling with higher costs of living.<\/p>\n<p>Profit for the first quarter was US$120 million, compared with US$10 million a year earlier, boosted by a US$118 million net gain on fair value of financial assets and liabilities.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.channelnewsasia.com\/business\/singapores-grab-beats-quarterly-revenue-estimates-6099651\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grab has been trying to boost spending on its platform by incorporating artificial-intelligence features into its superapp and bundling its core ride-hailing, delivery and financial&#8230;<\/p>\n","protected":false},"author":1,"featured_media":49869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/dam.mediacorp.sg\/image\/upload\/s--492kDiLS--\/c_fill,g_auto,h_676,w_1200\/fl_relative,g_south_east,l_mediacorp:cna:watermark:2024-04:reuters_1,w_0.1\/f_auto,q_auto\/v1\/one-cms\/core\/2026-05-04T222325Z_1_LYNXMPEM431EJ_RTROPTP_3_GRAB-AI-PROFIT.JPG?itok=db4ftHX0","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[5019,14915,5069,14913,10170,209],"class_list":["post-49868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-news-sg-global","tag-beats","tag-estimates","tag-grab","tag-quarterly","tag-revenue","tag-singapores","wpcat-2-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/49868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49868"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/49868\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/49869"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}