Singapore's Grab lifts 2026 forecasts on strong ride-hailing, delivery demand
Grab raised its 2026 revenue forecast to $4.15B-$4.20B, up from $4.10B-$4.15B, citing strong ride-hailing and delivery demand. Its financial services unit reported a $12M adjusted EBITDA profit. Q3 revenue rose 27% to $1.11B, beating estimates. Grab attributes growth to promotions, expanded delivery categories, and driver incentives. Shares rose 5% in extended trading.
How this was made

The 30-second read
Why it matters
The forecast upgrade and first core profit signal a turning point for the company's diversification strategy.
Market read
Guidance lift and profit milestone drive short‑term upside; watch driver cost pressures and regulatory developments.
What to watch
Potential regulatory scrutiny on financial‑services expansion and driver subsidy sustainability.
Background
Grab is Southeast Asia's leading ride‑hailing and delivery platform, recently expanding its financial‑services offerings.
Ticker impact
Grab raised its 2026 revenue forecast to $4.15‑$4.20 bn and posted its first positive adjusted EBITDA in its financial‑services unit.
likely upside as market prices in higher revenue and profit expectations
The new guidance and profit beat caused a 5% post‑market rally, indicating immediate buying pressure.
Market effects
Stronger outlook for Southeast Asian ride‑hailing and delivery platforms may lift peers in the region.
Positive for Singapore and broader Southeast Asian tech stocks.
Limited to investors focused on emerging‑market growth stories.
Counterpoint
If fuel cost inflation persists, margins could be pressured despite higher revenue.
Key entities
- companyGrab Holdings Ltd
Southeast Asian ride‑hailing and delivery firm.
- executivePeter Oey
Chief Financial Officer of Grab.



