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Grab
IPO
Ryde planning $200 million Catalist listing in 2022
Ryde turned profitable in 4QFY2020 as Gross Transaction Value (GTV) increased four times during the pandemic.
March 08, 2021
Deals, joint ventures & alliances
Watsons and Grab announce regional health and beauty partnership
The partnership will span across Singapore, Indonesia, Malaysia, Thailand, Vietnam and the Philippines.
January 19, 2021
Broker's Calls
Maybank Kim Eng ups ComfortDelGro's TP on gradual recovery in ridership for 2021
Chan has also upped CDG’s earnings per share (EPS) by 23% to account for operating leverage amid a recovery in ridership.
January 12, 2021
Startups, Entrepreneurs, Digital economy
Singapore's technology challengers are punching above their weight
There is much potential for Singapore's fast-growing emerging technology companies which can now rival mature hubs like Japan.
December 17, 2020
Broker's Calls
No near-term impact on incumbent banks following digital licence announcement: analysts
The primary target for the DBs is the underbanked in Singapore.
December 10, 2020
Broker's Calls
RHB maintains 'buy' on ComfortDelGro as taxi competition drops
RHB Group Research raises its target price to $1.90 for CDG after news of the Grab-Gojek merger and pullout of HDT Singapore.
December 08, 2020
Fintech
UOB reaches young professionals in Asean with TMRW
“For a digital bank to be successful, it is imperative to address a market’s inefficiency and to do it well."
December 04, 2020
Broker's Calls
What could a digital banking licence mean for Singtel?
What could a digital banking licence mean for Singtel?
October 27, 2020
Tech
SoftBank’s Son presses Grab for truce with rival Gojek
SoftBank Group Corp.’s Masayoshi Son is stepping up pressure on Grab Holdings to work out a ceasefire with rival Gojek.
October 16, 2020
Broker's Calls
Relief for ComfortDelGro once Phase 3 begins: RHB
The average daily number of trips for 1-shift taxis is now at approximately 75% of the historical average.
October 07, 2020