Grab raises 2026 forecasts after revenue rises 27%

Grab Holdings raised its 2026 revenue and adjusted earnings forecasts after reporting third-quarter revenue growth of 27% and a record 57 million monthly transacting users. The company’s unaudited results cover the three months ended September 30, 2026, and its updated outlook lifts both ends of its prior forecast ranges. Grab now expects full-year revenue of US$4.15 billion to US$4.20 billion, compared with its previous range of US$4.10 billion to US$4.15 billion. It raised its adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, forecast to US$790 million to US$800 million from US$720 million to US$740 million. Third-quarter revenue was US$1.112 billion, up from US$873 million a year earlier. Net profit increased to US$18 million from US$17 million. Adjusted EBITDA rose 73% year over year to US$237 million, according to the company’s results. Monthly transacting users reached 57 million in the quarter, up from 54 million three months earlier. Grab said consumer promotions supported usage and transactions, while driver incentives helped expand the number of active driver partners. Gross merchandise value across its mobility and delivery...