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Grab’s Vietnam rival raises $40.3 mil for ride-hailing push
Vietnam's Be Group expects to deliver 1 billion rides on its platform by 2026, up from 120 million last year.
January 10, 2024
Global Markets
Watch out for three orphan companies
There are unloved companies on the Nasdaq that deserve attention
November 30, 2023
Results
Grab achieves first positive group adjusted ebitda in 3QFY2023; narrows losses further
Grab narrowed its losses to US$99 million in 3QFY2023, a 71% improvement over its losses of US$342 million in 3QFY2022.
November 09, 2023
Zest
CCCS raises competition concerns on Grab’s proposed acquisition of Trans-cab
The review by CCCS includes third-party feedback from industry players and members of the public.
October 16, 2023
Digital Economy
Indonesia's social commerce ban will be toothless
Indonesia's ban will do little to stall TikTok's march
October 05, 2023
Broker's Calls
Foodpanda deal could be ‘value-accretive’ for Grab, says HSBC
HSBC's analysts expect Grab to turn adjusted ebitda positive in 3QFY2023 and FCF-positive in FY2024.
September 24, 2023
Broker's Calls
DBS upgrades Grab to ‘buy’ with higher TP of US$4.29
DBS Group Research analyst Sachin Mittal says he sees opportunities with the recent pullback in its share price.
September 21, 2023
Broker's Calls
Analysts unanimous on Grab’s improved prospects after 2QFY2023 outperformance
Analysts from Citi, Maybank, HSBC and CGS-CIMB have each maintained their “buy” and “add” calls.
August 25, 2023
Broker's Calls
DBS downgrades Grab to ‘fully valued’ on ‘structural challenges’
Analyst Sachin Mittal has, however, increased his TP to US$3.16 from US$3.07 previously.
July 24, 2023
Company in the news
Grab to acquire Trans-Cab
Shares in Grab closed at US$3.51 on July 19.
July 20, 2023