Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.

Contacts

Owner: SNOWLAND s.r.o.
Registration certificate 06691200
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic

Aug 15, 2024 - 23:14
By asia.nikkei.com

Singapore's Grab sinks after group misses revenue forecast

SINGAPORE -- Shares in Singapore-based Grab Holdings fell sharply Thursday after the superapp provider missed revenue estimates for the April-June quarter, highlighting its struggle to retain investor confidence.

The Nasdaq-listed technology group, which offers services from food delivery to ride-hailing via its superapp, said group revenue rose 17% on the year to $664 million. This missed analysts' estimates of $673.3 million in LSEG data cited by Reuters.