Big Tech

Grab Outlook Trails Estimates After Asia Ride Market Slows

Grab Holdings Ltd. predicted full-year revenue that trailed estimates, a sign of strain in a Southeast Asian ride-hailing and food-delivery market pressured by weaker consumer sentiment.

Sales will be $4.04 billion to $4.1 billion this year, the Singapore-based company said in a statement. Analysts predicted roughly $4.13 billion on average. While fourth-quarter revenue missed projections, Grab posted its first annual net profit in 2025, defying analysts’ forecasts. The stock fell more than 7% in late US trading after the report was released. Already, it had declined roughly 35% from a peak last September.