Grab Holdings Inc

Tech

Grab Holdings to be included in MSCI flagship global index

The Singapore-headquartered ride hailer will be added to the index as at the close of Feb 28.

Broker's Calls

DBS starts Grab Holdings at 'buy' with TP of US$9

DBS Group Research also given Grab a bear target price of US$6, in the event of rising competition and macro weakness.

Broker's Calls

Citi starts Grab at “buy” with TP of US$12

In a separate report on Dec 23, Yap has assigned a “high risk” rating on Grab.

Right Timing

Despite being all at Sea, STI finds support; HSI may also encounter temporary support

Sea caused some choppiness in the STI but it is expected to stabilise this month. HSI could find temporary support

Global Economy

Briefs: Grab CEO Anthony Tan says it’s important "not to lose sight of what" Grab's NASDAQ debut was built on

Also within: South African scientists sound caution on Omicron case severity

Tech

Grab's ride-hailing service disrupted across Southeast Asia

Grab Holdings Inc.’s ride-hailing service was having technical difficulties in markets including Singapore today.
How much is Grab worth as a listed SPAC? - THE EDGE SINGAPORE

Tech

How much is Grab worth as a listed SPAC?

Analyst Bulk forecasts Grab’s gross merchandise value or GMV to grow 47% next year from 24% growth this year.

New appointments

Grab hires former SATS CEO Alex Hungate as COO

Hungate will replace Tan Hooi Ling, who will continue to oversee key pillars of the company’s business.
CGS-CIMB keeps 'overweight' on IT Services sector on Grab potential - THE EDGE SINGAPORE

Tech

CGS-CIMB keeps 'overweight' on IT Services sector on Grab potential

Currently, the IT Services sector comprises NYSE-listed Sea Limited, which CGS-CIMB have given a target price of US$345.
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