Dubai: talabat raised its full-year net income guidance on Tuesday after reporting strong first-quarter growth driven by higher order volumes, customer expansion and increased demand across its grocery and multi-vertical delivery services. The Dubai-based delivery platform said gross merchandise value (GMV) rose 19% year-on-year to $2.7 billion in the first quarter ended March 31, while revenue increased 23% to $1 billion. talabat said growth was supported by stronger Ramadan trading, favourable Eid seasonality and higher “eat-at-home” demand patterns during ongoing regional tensions, which prompted more flexible work-from-home arrangements and distance learning in several markets. The company increased its full-year net income forecast by $20 million to a range of $300 million to $330 million, while reaffirming guidance for all other key financial metrics. Regional demand talabat said GMV growth was driven by strong order volumes and customer acquisition across both Gulf and non-Gulf markets.…