Grab

Grab's softer-than-expected FY2024 guidance disappoints the market, Citi lowers TP to US$5 - THE EDGE SINGAPORE

Broker's Calls

Grab's softer-than-expected FY2024 guidance disappoints the market, Citi lowers TP to US$5

The analysts believe it is likely for Grab to update its guidance as the year progresses.

Broker's Calls

DBS lowers Grab's TP to US$4.08 on potential mobility slowdown

Challenges still persist as Singapore lags and Chinese tourists numbers stay below expectations.

Digital Economy

Grab partners Circle to pilot Web3 features in Singapore

The collaboration supports the MAS's Project Orchid initiative as a real-world demonstration of Purpose Bound Money.

Broker's Calls

Citi increasingly positive on Grab following sustainable improvement in operations

Citi highlights Grab’s commitment in lowering cost to broaden the affordability of more consumers.

Singapore news

Tin Pei Ling leaves Grab months after public outcry

Grab drew public criticism when it said in February it had hired Tin as government liaison.

Broker's Calls

CGS-CIMB analyses key reasons for Grab's acquisition of Trans-cab

Trans-cab has a track record of being a profitable company and would contribute positively to Grab’s financials.

Banking & finance

Grab, Sea push Singapore to lift digital banks' deposit cap

Time is also ticking for these digibanks owned by non-financial firms to boost scale
Grab is CGS-CIMB’s top pick among Singapore land transport players amid mass layoff - THE EDGE SINGAPORE

Broker's Calls

Grab is CGS-CIMB’s top pick among Singapore land transport players amid mass layoff

The healthy competitive landscape should aid Grab and Gojek achieve further reduction in losses.

Digital Economy

Southeast Asian GMV may grow 15% a year in 2022 – 2030 to exceed US$400 bil, says Bloomberg Intelligence

Sea Limited is expected to reach a full-year breakeven before Grab and GoTo, says analyst Nathan Naidu.

Broker's Calls

Grab to explore new growth opportunities although geographical expansion unlikely

Heading into 2QFY2023, Grab has seen stronger sequential improvement for both food and ride-hailing businesses.
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