Grab, Sea lean on affordability, subscriptions to defend growth amid macroeconomic headwinds
Even as consumer spending comes under pressure, both companies have maintained their 2026 guidance
Add BT as a preferred source
[SINGAPORE] Amid the ongoing Middle East conflict and broader macroeconomic uncertainty, consumer spending is coming under pressure with households turning cautious.
Yet, both Grab and Sea have maintained their 2026 guidance, saying that their focus on affordability and subscription programmes will prop up demand in the year ahead.
Grab has said that it is on track to deliver its 2026 revenue guidance of US$4.04 billion to US$4.1 billion, with adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) of US$700 million to US$720 million.
TRENDING NOW
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Ohmyhome Ltd sells real estate business for US$1 due to poor business and continued losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
