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Grab
Digital Economy
Indonesia's GoTo joins global tech cuts in slashing 1,300 jobs
GoTo says “it must accelerate its progress towards becoming a truly sustainable and financially independent business"
November 18, 2022
Results
Grab narrows loss by 65% to US$342 mil in 3QFY2022
Revenue for 3QFY2022 stood at US$382 million, a 143% growth y-o-y,.
November 16, 2022
Broker's Calls
DBS maintains 'hold' on Grab with lower TP as market focuses on profitability
DBS expects slowdown in the financial services segment as ebitda losses have increased.
October 21, 2022
Broker's Calls
Is Grab still grabworthy?
Following Grab's investor day, analysts seem to be able to see the light at the end of the tunnel for Grab.
September 28, 2022
Disruption and Digitalisation
Digital does not mean different: Can Singapore’s digital banks bring the fight to the three incumbents?
Is this a half-hearted launch for Singapore’s digital banks?
September 22, 2022
Digital Economy
Grab rival Be Group gets US$60 million loan for Vietnam expansion
Vietnam’s fast-expanding ride-hailing sector is seeing renewed competition fro Go-Jek and FastGo Vietnam
September 05, 2022
Disruption and Digitalisation
Digital banks unveiled, incumbents respond with higher interest rates
The digital banks’ maiden products are putting them in direct competition for funds with the incumbent local banks and the QFBs.
September 01, 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
Broker's Calls
Analysts keep their 'add' and 'buy' calls for Grab amid push for profitability
The easing competitive landscape enables Grab to accelerate their path to profitability.
August 26, 2022
Results
Grab narrows loss by 29% to US$572 mil in 2QFY2022, pulls forward segments breakeven timelines
Grab is pulling forward its core food deliveries and overall deliveries segment breakeven timelines.
August 25, 2022