Thursday, March 3, 2022

Grab shares crash as revenue plunges on promotions, driver incentives

Grab shares crash as revenue plunges on promotions, driver incentives Singapore-based Grab Holdings Ltd has poured money into incentives to attract drivers as ride-share demand recovers from pandemic lows, and also offered aggressive food-delivery promotions as people began to dine out more with the easing of COVID-19 restrictions.

from Moneycontrol Business News https://ift.tt/vyT0FcY

No comments:

Post a Comment

LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...