[BUSINESS]■ STORY TIMELINE

GRAB BEATS Q1 ESTIMATES ON STRONG RIDE, DELIVERY DEMAND

Grab reported first-quarter revenue of $955 million, up 24% year-over-year and above analyst expectations. Adjusted EBITDA reached $154 million, surpassing the $146.3 million estimate.

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Grab reports Q1 revenue up 24% YoY to $955M, above est., and a $154M adjusted EBITDA, vs. $146.3M est., helped by resilient demand for ride hailing and delivery (Olivia Poh/Bloomberg)

Olivia Poh / Bloomberg: Grab reports Q1 revenue up 24% YoY to $955M, above est., and a $154M adjusted EBITDA, vs. $146.3…

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