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Grab
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.
January 19, 2024
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.
September 14, 2023
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.
September 13, 2023
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.
August 17, 2023
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.
July 24, 2023
Zest
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
July 13, 2023
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.
June 23, 2023
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.
June 20, 2023
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.
May 30, 2023
Broker's Calls
Analysts maintain 'buy' on Grab following margin improvements
On the back of improved ebitda forecasts, Maybank has raised its target price to US$4 from US$3.80 previously.
May 23, 2023