# Grab Boosts Forecasts Amid Strong Demand in Southeast Asia

- Topic: business
- Source: CNBC
- Published: 2026-08-04
- Original: https://www.cnbc.com/2026/08/04/grab-earnings-ai-forecast-cfo-.html
- Language: en
- Image: https://image.cnbcfm.com/api/v1/image/108344257-1785808227651-gettyimages-2282526059-TFSPI_23062026-5950.jpeg?v=1785808237&w=1920&h=1080

Grab, a leading ride-hailing and delivery firm in Southeast Asia, has raised its full-year revenue outlook due to resilient consumer demand despite macroeconomic headwinds. The company's shares rose 4.86% in extended trading. Grab's CFO credits AI for improving efficiency and margins.

## Key takeaways

- Grab raised its full-year revenue forecast to $4.10 billion-$4.15 billion.
- The company's revenue grew 22% year-on-year to $997 million in the second quarter.
- Grab credits AI for improving efficiency and margins, helping it ship products three times faster.

> Summary by Daily Read Bytes. Read the original at https://www.cnbc.com/2026/08/04/grab-earnings-ai-forecast-cfo-.html