Grab Holdings

Tech

Grab’s Vietnam rival raises $40.3 mil for ride-hailing push

Vietnam's Be Group expects to deliver 1 billion rides on its platform by 2026, up from 120 million last year.

Global Markets

Watch out for three orphan companies

There are unloved companies on the Nasdaq that deserve attention
Grab achieves first positive group adjusted ebitda in 3QFY2023; narrows losses further - THE EDGE SINGAPORE

Results

Grab achieves first positive group adjusted ebitda in 3QFY2023; narrows losses further

Grab narrowed its losses to US$99 million in 3QFY2023, a 71% improvement over its losses of US$342 million in 3QFY2022.
CCCS raises competition concerns on Grab’s proposed acquisition of Trans-cab - THE EDGE SINGAPORE

Transport

CCCS raises competition concerns on Grab’s proposed acquisition of Trans-cab

The review by CCCS includes third-party feedback from industry players and members of the public.

Digital Economy

Indonesia's social commerce ban will be toothless

Indonesia's ban will do little to stall TikTok's march
Foodpanda deal could be ‘value-accretive’ for Grab, says HSBC - THE EDGE SINGAPORE

Broker's Calls

Foodpanda deal could be ‘value-accretive’ for Grab, says HSBC

HSBC's analysts expect Grab to turn adjusted ebitda positive in 3QFY2023 and FCF-positive in FY2024.
DBS upgrades Grab to ‘buy’ with higher TP of US$4.29 - THE EDGE SINGAPORE

Broker's Calls

DBS upgrades Grab to ‘buy’ with higher TP of US$4.29

DBS Group Research analyst Sachin Mittal says he sees opportunities with the recent pullback in its share price.

Broker's Calls

Analysts unanimous on Grab’s improved prospects after 2QFY2023 outperformance

Analysts from Citi, Maybank, HSBC and CGS-CIMB have each maintained their “buy” and “add” calls.

Broker's Calls

DBS downgrades Grab to ‘fully valued’ on ‘structural challenges’

Analyst Sachin Mittal has, however, increased his TP to US$3.16 from US$3.07 previously.
Grab said to be acquiring Trans-Cab (update) - THE EDGE SINGAPORE

Company in the news

Grab to acquire Trans-Cab

Shares in Grab closed at US$3.51 on July 19.
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