Grab Financial News

Welcome to the weekend. To start off your day, we’ve curated 10 great reads to enjoy.

Grab, Southeast Asia’s super app and the biggest technology startup in the region, is piloting Web3 services in Singapore in collaboration with the USD Coin (USDC) issuer Circle.

Circle Internet Financial, global payments firm behind the USDC stablecoin, has announced a partnership with ride-hailing giant Grab to pilot a Web3 blockchain-based wallet in Singapore. 

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

Southeast Asian all-in-one app Grab has added support for a Polygon-based Web3 wallet and non-fungible token (NFT) vouchers. 

Garena Free Fire Max is a revamped version of Garena Free Fire. It debuted in 2021 and became popular after the ban of the former by the Indian government. Developers of the game keep updating these codes daily.

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

Garena Free Fire Max is a revamped version of Garena Free Fire. It debuted in 2021 and became popular after the ban of the former by the Indian government. Developers of the game keep updating these codes daily.

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

Garena Free Fire Max is a revamped version of Garena Free Fire. It debuted in 2021 and became popular after the ban of the former by the Indian government. Developers of the game keep updating these codes daily.

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

Hollywood embraces the art of sequels, the National Association of Theater Owners is resurrecting National Cinema Day after its remarkable debut last year. The enticing event drew over 8 million moviegoers with $3 tickets, and now, over 3,000 theaters are gearing up for its return. Set for Sunday, August 27, National Cinema Day offers tickets at $4 each, including for premium formats like IMAX and Dolby.

Grab Holdings forecast a smaller operating loss for the current year and pulled forward its profitability timeline on Wednesday, as cost savings from its recent workforce reduction supplement strong demand for its food delivery and ride-share services. The Southeast Asian internet firm also delivered better-than-expected results for the last quarter, sending its U.S.-listed shares up 9%. The company now expects to break even on an adjusted core earnings basis in the current quarter ending September, ahead of its earlier fourth-quarter target. Moreover, it expects $80 million in annualized cost savings from the recent changes, including layoffs. Grab is undergoing a restructuring focused on lowering costs, with measures including cuts to its cloud bill and consumer and worker incentives. In June, the company reduced around 1,000 roles, or about 11% of its workforce, in its biggest round of layoffs since early 2020, when the pandemic began. It now sees adjusted loss before interest, taxes, depreciation and amortization between $30 million and $40 million, compared to its earlier forecast of $195 million to $235 million. «While we tried to optimize our bottom-line, we're also making sure that we can continue to grow our business,» Grab CFO Peter Oey said in an interview. «There's still a lot of opportunity in mobility.

By Andrew Hay and Liliana Salgado

BHP’s annual underlying profit slumped 37 per cent to $US13.4 billion ($20.9 billion) as commodity prices came back to earth after 2022’s record result.

As many as 107 stocks in the BSE 500 index are trading atleast 20% down from their 52-week highs. Eight stocks have corrected more than 50% from their respective 52-week highs, and three of the biggest losers in this list are Adani Group firms — Adani Green Energy, Adani Energy Solutions, and Adani Total Gas. These stocks were down 62-84% from their 52-week highs.

As the final day of the sale arrives, eager customers are urged to take advantage of this limited-time opportunity to secure unbeatable offers and discounts. With a myriad of options available, the Amazon Freedom Sale 2023's last day serves as a compelling reminder for individuals to make the most of the remaining time and fill their carts with coveted items before the curtains draw on this year's sale.

The sale has been a whirlwind of exceptional discounts and offers across an extensive range of products, and now, in its last days, it's your golden opportunity to make the most of the incredible deals before they vanish. Get ready to indulge in a shopping spree like no other and secure the best deals that the Amazon Freedom Sale has to offer before the sale doors close.

alliance and his party will counter the BJP challenge in the Lok Sabha election, Akhilesh Yadav said, "They [the BJP] have done a lot of fake encounters. Now people will encounter the BJP government in 2024." Akhilesh Yadav said, "The SP is there.

Samajwadi Party president Akhilesh Yadav Saturday accused the BJP of employing its own version of 'Hindutva' to «divide» society and grab power, and asserted there is a need to save the «true Hindutva.» He also accused the BJP government of conducting «fake encounters», and said people will «encounter the BJP government in 2024» which «is necessary for saving the Constitution». Yadav also claimed opposition alliance INDIA (Indian National Developmental Inclusive Alliance) will uproot the «divisive» BJP government in 2024 with the support of the PDA (Pichhade, Dalit, Alpsankhyak) in Uttar Pradesh. «They (the BJP) have done a lot of fake encounters. Now people will encounter the BJP government in 2024,» Yadav told PTI in an interview when he was asked how the INDIA bloc and the SP will counter the BJP challenge in the Lok Sabha polls. About the future of opposition alliance in the state, Yadav said, «The SP is there. More parties that are willing to join the INDIA alliance are welcome. Our PDA (Pichhade, Dalit and Alpsankhyak) will defeat the BJP this time. The BJP has done nothing except dividing the society.»

If you ever enjoyed watching Teenage Mutant Ninja Turtles (TMNT) on TV as a child, or even as an adult, chances are you've heard the term "Cowabunga!" quite a few times. The iconic catchphrase has not only seeped into popular culture but also become the namesake of an upcoming cryptocurrency project, Cowabunga Coin.