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Grab
Company in the news
Grab launches GrabScholar and GrabMerchant Centre, officially opens Grab HQ @ Singapore
GrabMerchantCentre will be established to provide 1-on-1 business consultation services for its SME merchant-partners.
August 11, 2022
Company in the news
Grab hits 10 billion rides and deliveries as it celebrates 10th anniversary
Singapore tracks the longest rides at 11.2 kilometers per ride on average.
August 08, 2022
Broker's Calls
Sea to find most success by replicating a strategy similar to Tencent: Maybank
Backed by the original superapp creator Tencent, Sea is currently Maybank's clear favourite to dominate the region.
August 02, 2022
Broker's Calls
CGS-CIMB initiates 'add' on Grab with TP of US$3.60
Amid easing competition, Grab is expected to be able to scale back on its incentive levels and continue to increase monetisation.
August 01, 2022
Broker's Calls
Citi cuts Grab's TP to US$5, keeps 'buy' as growth profile remains intact
The analysts have lowered their 2QFY2022 GMV assumption for deliveries by 3.6% while increasing mobility GMV by 1.2%.
July 29, 2022
News
Grab launches GrabMaps; to tap Southeast Asia’s US$1 bil mapping and location based-services market
GrabMaps does not have any specific revenue goals currently.
June 08, 2022
Disruption and Digitalisation
Grab introduces GrabFin and Earn+
Grab Financial Group has unveiled its new brand GrabFin as well as investment product Earn+.
May 23, 2022
Broker's Calls
DBS and Maybank lower Grab's TP to US$2.93 and US$4.23 respectively following 1QFY2022 results
Grab’s 1QFY2022 total adjusted EBITDA loss of US$287 million was higher than DBS’s expectations of US$200 million.
May 23, 2022
Results
Grab narrows loss by 35% to US$435 million in 1QFY2022
Revenue in 1QFY2022 stood at US$228 million, a 6% growth y-o-y and 87% growth q-o-q.
May 19, 2022
Private equity
Southeast Asia private equity market hit record deal value of US$25 bil in 2021: Bain & Co
Asia now makes up over a quarter of the global private equity market.
May 10, 2022