Grab Holdings (GRAB) Targets Adjusted EBITDA Breakeven by H2 2024

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Grab targets Group Adjusted EBITDA breakeven by H2 2024 as it accelerates path to profitability

September 27, 2022 12:17 AM EDT

Expects revenue to grow by 45%-55% in 2023 on a constant currency basis Details ecosystem-focused strategy at first investor day as it drives to become Southeast Asias largest and most efficient on-demand platform for local commerce and mobility

SINGAPORE--(BUSINESS WIRE)-- Grab Holdings Limited (NASDAQ: GRAB) announced today at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA1 basis by the second half of 2024, as it accelerates its path to profitability. For the second half of 2022, Group Adjusted EBITDA is... More