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Grab Holdings Inc
Labour market
Singapore gig workers to get more benefits, won't be employees
The new rules will require legislative changes and will become effective in the latter half of 2024 at the earliest.
November 24, 2022
New appointments
Former Grab fintech veteran joins digital lending startup Julo
Julo, an Indonesian fintech startup backed by Japanese credit card company Credit Saison Co.
October 20, 2022
Company in the news
Grab sees slower growth while it pursues 2024 profitability
The company is expecting slower growth of 45% to 55% in 2023.
September 27, 2022
Company in the news
'Gen Z bank' GXS launches with Grab, Singtel backing
Backed by Grab and Singtel, the digital bank's customers can earn interest of 1.58% p.a.
August 31, 2022
Tech
Once Southeast Asia's most valuable startup, Grab falls US$13 bil behind GoTo
Grab is scheduled to report second-quarter results before US markets open on Thursday; GoTo is set to release results on Aug 30.
August 25, 2022
Broker's Calls
Maybank downgrades Grab to 'sell' with lower TP of US$2.29
The downgrade comes as recession and macro risks mount.
July 08, 2022
Tech
A $96.3 bil plunge in the share prices of Grab and Sea Limited casts doubt on Singapore's new economy aura
On this, analysts have yet to cut target prices; they expect a return of at least 68% on both stocks over the next 12 months.
April 04, 2022
Tech
Grab's veteran quits to become CEO and co-founder of crypto gaming startup Ethlas
Wui Ngiap Foo, the executive in charge of building up the platform’s mobility-services fleet, is leaving on March 31.
March 31, 2022
Broker's Calls
Maybank Securities starts Grab Holdings at 'buy' with TP of US$4.32
According to analyst Lai Gene Lih, Grab’s risk-reward is deemed “attractive” in the next 24 months as it strives for profitability
March 29, 2022
Fintech
GIC-backed South Korean super app to take on Grab and GoTo in Southeast Asia
The super app is seeking to enter Indonesia, Malaysia, Thailand and the Philippines after venturing into Vietnam in 2019.
March 24, 2022