Streetbeat News

GRAB

Grab Holdings Limited

https://www.grab.com/sg

Industry

Software - Application

Grab Holdings Limited provides superapps that allows access to mobility, delivery, financial services, and enterprise offerings through its mobile application in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company is headquartered in Singapore.

Open

4.96

Mkt cap

21B

Volume

97M

High

5.54

P/E Ratio

-273.00

52-wk high

5.54

Low

4.94

Div yield

N/A

52-wk low

2.90

Grab Holdings Ltd. (NASDAQ: GRAB) is a Southeast Asian mobile super app offering services like rideshare, delivery, and financial services. The article suggests reasons to invest in Grab before 2024 ends.

Portfolio Pulse from

November 19, 2024 | 1:00 pm

Grab Holdings reported a 13% year-over-year increase in delivery revenue for Q3 2024, driven by high order frequency among users active in both GrabFood and GrabMart. With only 5% of the regional population using Grab monthly, there is significant potential for market penetration and user base expansion. The company is expected to achieve positive operating income within 2-4 quarters, potentially shifting investor sentiment.

Portfolio Pulse from

November 14, 2024 | 4:00 pm

Grab Holdings Ltd (NASDAQ: GRAB) reported a strong third quarter with increased on-demand gross merchandise value and a rise in monthly transacting users to 42 million.

Portfolio Pulse from

November 12, 2024 | 2:45 pm

Grab Holdings reported strong Q3 earnings, surpassing expectations and leading to a 10% after-hours stock increase. The company's diverse services and expanding user base in Southeast Asia, along with growth in high-margin areas, suggest promising momentum into 2025. However, its high valuation at over 100x forward free cash flow raises caution.

Portfolio Pulse from

November 12, 2024 | 1:45 pm

Grab Holdings Limited held its Q3 2024 earnings call, discussing financial performance and strategic initiatives. Key executives and analysts from major financial institutions participated.

Portfolio Pulse from

November 12, 2024 | 4:45 am

Grab has raised its full-year outlook on revenue and EBITDA, with CFO Peter Oey highlighting strong demand in Southeast Asia and positive earnings prospects.

Portfolio Pulse from

November 12, 2024 | 4:00 am

Grab Holdings Limited (NASDAQ: GRAB) released its unaudited financial results for Q3 2024, ending September 30, 2024.

Portfolio Pulse from

November 11, 2024 | 11:45 pm

Grab Holdings is facing challenges with slowing growth, low margins affecting long-term profitability, and potential scaling issues in its digital banking venture.

Portfolio Pulse from

November 10, 2024 | 11:30 am

Wall Street analysts are optimistic about Grab (GRAB), which may influence investor decisions. Analyst recommendations can impact stock prices, but their significance is debated.

Portfolio Pulse from

November 08, 2024 | 4:00 pm

Grab Holdings Limited (GRAB) saw a positive movement in its stock price, closing at $4.09, which is a 0.49% increase from the previous day, despite a general market dip.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

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