Q1 2023 Revenue grew 130% year-over-year to $525 million[1] Q1 2023 Loss for the period improved by 43% year-over-year to $250 million Q1 2023 Adjusted EBITDA improved by 77% year-over-year to $(66) million, with Deliveries Segment Adjusted EBITDA margins at an all time high SINGAPORE, May 18, 2023 – Grab Holdings Limited (NASDAQ: GRAB) today… Continue reading Grab Reports First Quarter 2023 Results
Category: Mobility Companies
Keeping riders and other road users safe with Safe Exit features
When arriving at your destination and opening the door, how often do you stop to think who might be on the other side? According to the San Francisco Municipal Transportation Agency, collisions with bicyclists when a vehicle’s door opens into moving traffic, or “dooring,” is the second most common collision that results in injury or… Continue reading Keeping riders and other road users safe with Safe Exit features
Waymo One doubles service area in Phoenix and continues growing in San Francisco
We’re significantly expanding our Waymo One ride-hailing service area in Metro Phoenix and growing in San Francisco to connect more communities and serve more riders. In Metro Phoenix, one the fastest growing cities in the U.S., we’re doubling our Waymo One service area and connecting our downtown and East Valley territories. This expansion will include… Continue reading Waymo One doubles service area in Phoenix and continues growing in San Francisco
Guided by the flow: The role of aerodynamics in shaping the Waymo Driver
It’s essential to understand the aerodynamics of the different vehicle platforms on which Waymo’s autonomous driving technology is applied to build and operate an efficient system – especially when running at full capacity in various conditions such as rain, fog, snow, or extreme temperatures. By using physical tests and state-of-the-art simulation tools, we can optimize… Continue reading Guided by the flow: The role of aerodynamics in shaping the Waymo Driver
Uber: Uber Eats Announces Delivery Partnership with Little Caesars
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) announced that Little Caesars, the third largest pizza chain in the world, is now available for delivery with Uber Eats. As of today, thousands of U.S. Little Caesars locations have been added to the Uber Eats app, with plans to bring locations across all 50 states to the… Continue reading Uber: Uber Eats Announces Delivery Partnership with Little Caesars
Travel Southeast Asia with Ease: Grab launches new features and tie-ups to welcome travellers back to the region
Grab announced new in-app travel innovations and partnerships to give travellers a safe, seamless and hyperlocal experience as Southeast Asia embraces a travel comeback SINGAPORE, April 17, 2023: Grab, Southeast Asia’s leading superapp, today announced new in-app travel innovations and partnerships to give travellers a safe, seamless and hyperlocal experience as Southeast Asia embraces a… Continue reading Travel Southeast Asia with Ease: Grab launches new features and tie-ups to welcome travellers back to the region
Complimentary airport rides with Mastercard
You pack, we drive! Catch your flight, with time to spare. Enjoy 6 complimentary airport rides with a Mastercard World Elite card using code MAUAE6. If you have a Mastercard World card you can get 2 complimentary airport rides by using code MAUAE2. Just make sure to pay with your valid cards to unlock the… Continue reading Complimentary airport rides with Mastercard
Uber: Uber Announces Date of First Quarter 2023 Results Conference Call
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its first quarter 2023 financial results on Tuesday, May 2 at 5:00 a.m. Pacific Time (8:00 a.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at investor.uber.com.… Continue reading Uber: Uber Announces Date of First Quarter 2023 Results Conference Call
Careem: Chapter 3
A letter from Mudassir Sheikha, CEO and Co-Founder of Careem, to Careem colleagues on Monday, April 10th, 2023: Today is the start of Careem’s Chapter 3. It’s a big moment for Careem, and we will inshallah make it an exciting inflection point for the region’s digital economy. I am delighted to announce that we have… Continue reading Careem: Chapter 3
T&Cs – Yas Island Abu Dhabi x Careem Eid Partnership
The competition is open to all Careem users who book a ride on Careem, order food and shop groceries on Quik between April 5, 2023, and April 14, 2023, or until the offer is discontinued, whichever comes first. The more rides and orders you make on Careem, the higher your chances are of winning. The… Continue reading T&Cs – Yas Island Abu Dhabi x Careem Eid Partnership