May 15 (Reuters) - Grab Holdings raised its full-year profit forecast on Wednesday, underscoring gains from recent cost reduction measures and growth in its ride-share and food delivery businesses.

The company now expects adjusted core profit in the range of $250 million to $270 million, compared to its earlier forecast of $180 million to $200 million. (Reporting by Yuvraj Malik in Bengaluru; Editing by Shailesh Kuber)