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

5.15

Mkt cap

20B

Volume

14M

High

5.15

P/E Ratio

-254.00

52-wk high

5.72

Low

5.03

Div yield

N/A

52-wk low

2.90

Grab Holdings' superapp is leading in Southeast Asia's mobility and delivery markets, with Q3 earnings surpassing expectations. The company reported $716 million in revenue and a $62 million YoY EBITDA improvement. Despite profitability concerns, strategic investments and a data-driven approach are expected to drive sustainable growth.

Portfolio Pulse from

December 11, 2024 | 9:45 am

The article compares the performance of Grab Holdings Limited (GRAB) and Willdan Group (WLDN) against their business services sector peers for the year.

Portfolio Pulse from

December 10, 2024 | 4:00 pm

The article discusses the potential investment value of Grab (GRAB) based on Wall Street analysts' bullish views. It questions the impact of media reports on rating changes by sell-side analysts on stock prices.

Portfolio Pulse from

December 10, 2024 | 3:45 pm

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

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