{
  "id": 17882429,
  "title": "Grab reports Q3 profit up 5% at US$18 million, raises full-year guidance",
  "url": "https://urgent.news/2026/11/02/grab-reports-q3-profit-up-5-at-us-18-million-raises-full-year-guidance",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T23:58:06.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/grab-reports-q3-profit-5-us18-million-raises-full-year-guidance"
  },
  "original_language": "en",
  "account": "Grab reported a 5% increase in third-quarter 2026 earnings to US$18 million, up from US$17 million in Q3 2025. Revenue also rose 27% to US$1.1 billion from US$873 million in the same period. Operating profit increased 297% to US$108 million, driven by growth across all business segments. This growth was partially offset by higher revenue costs and net impairment losses on financial assets. CEO and co-founder Anthony Tan highlighted the company's record 57 million monthly transacting users, despite fuel price increases and regional economic challenges. Delivery revenue grew 21% to US$561 million, fueled by a US$4.5 billion increase in gross merchandise value (GMV) for food and groceries and improved advertising monetisation. Loyalty program users accounted for 35% of deliveries GMV and were three times more frequent than non-subscribers. Mobility revenue grew 10% to US$349 million, while financial services revenue surged 124% to US$201 million, primarily due to increased lending and the consolidation of Indonesian Superbank. Grab's loan book expanded 265% in Indonesia, with a 169% increase in Malaysia, and non-performing loans stood at 2.6% as of end-September. The company's full-year guidance for 2026 has been raised to between US$4.15 billion and US$4.2 billion, with a 23-25% growth forecast, up from the previous range of US$4.1 billion to US$4.15 billion and 22-23% growth.",
  "summary": "Revenue is guided to come in between US$4.15 billion and US$4.2 billion with 23 to 25% growth",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Tech in Asia",
        "title": "Grab posts $18m Q3 profit, raises 2026 revenue outlook",
        "url": "https://urgent.news/2026/11/03/grab-posts-18m-q3-profit-raises-2026-revenue-outlook",
        "published": "2026-11-03T00:52:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}