Earnings ·
Reports Q3 revenue of $1.11B and Adjusted EBITDA of $237M; TFTC blocks foodpanda Taiwan deal
GRABGrab Holdings Ltd
Grab Holdings reported third-quarter 2026 revenue of $1,112 million, up 27% year-over-year, with profit for the period reaching $18 million. Adjusted EBITDA grew 73% to a record $237 million, driven by strong performance across its Deliveries and Mobility segments. The company also announced that Taiwan’s Fair Trade Commission rejected its proposed acquisition of Delivery Hero’s foodpanda Taiwan business, resulting in a $60 million break fee to be recorded in the fourth quarter. Additionally, Grab repurchased $400 million of shares in September and October, leaving $500 million remaining under its current program. The company operates as a leading superapp in Southeast Asia, providing deliveries, mobility, and digital financial services.