Grab Holdings (GRAB) Reports Q4 Revenue of $122M, Offers Guidance
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Grab Reports Fourth Quarter and Full Year 2021 Results
March 3, 2022 7:01 AM ESTStrong end to 2021 with another record quarter and year in Gross Merchandise Value (GMV), exceeding the high end of full year 2021 guidance range 2021 GMV grew 29% year-over-year (YoY) to $16.1 billion, and Q4 GMV grew 26% YoY to $4.5 billion Deliveries continues to outperform with GMV growing 56% YoY in 2021, and 52% YoY in Q4 Mobility on the road to recovery with 45% quarter-over-quarter (QoQ) GMV growth in Q4 Grab retained regional category leadership in 2021 for online food delivery, ride-hailing and e-wallet payments; accounting for more than half of Southeast Asias total food delivery... More
