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
[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
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Record Singapore-US rate gap may widen further on inflows and hawkish Fed outlook
Marco Polo Marine shares plans to unlock value as boutique fund manager becomes substantial shareholder