India, Nov. 3 -- Grab Holdings Ltd. (GRAB), a Singapore-based ride-hailing, food delivery, and digital payment solutions provider, reported Tuesday higher third-quarter profit, revenues and On-Demand GMV, with improved profitability across core segments. Further, the firm raised fiscal 2026 guidance.
In the overnight activity on Nasdaq, the shares were gaining around 3.85 percent, trading at $2.9700, after closing Monday's regular trading 5.54 percent higher.
In the third quarter, profit grew 5 percent to $18 million from last year's $17 million. Operating profit surged 297 percent to $108 million from prior year's $27 million.
Total Segment Adjusted EBITDA increased 46 percent year-over-year to $338 million.
Adjusted EBITDA grew 73 per...