GRAB - Grab Holdings Limited
| Previous close | 2.9200 |
| Open | 2.9100 |
| Bid | 2.8900 x 27000 |
| Ask | 2.9000 x 34100 |
| Day's range | 2.8500 - 2.9500 |
| 52-week range | 2.1900 - 4.0300 |
| Volume | |
| Avg. volume | 15,323,311 |
| Market cap | 11.311B |
| Beta (5Y monthly) | 0.78 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.3900 |
| Earnings date | 13 Sept 2021 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 4.22 |
BloombergGrab co-founder Tan Hooi Ling to exit her operational roles
Grab Holdings Ltd. co-founder Tan Hooi Ling is stepping down from her operational roles by the end of the year, more than a decade after she helped start the Singapore-based ride-hailing and food delivery company.
- Reuters SG
Grab co-founder Tan Hooi Ling to step down from operational roles
Singapore-based Grab Holdings Ltd said on Thursday that its co-founder Tan Hooi Ling will step down from her operating roles at the ride-hailing company by the end of this year. Hooi Ling, who co-founded Grab with CEO Anthony Tan in 2012, will transition into an advisory role, the company said. Her succession plan has been in place for a while, Tan wrote in an internal memo to employees, adding that Hooi Ling will also give up her board directorship.
Yahoo Finance VideoGrab Holdings stock boosted despite falling delivery sales
Yahoo Finance Live takes a quick look at shares of Grab Holdings.
BloombergSoutheast Asia’s ride-hailing app Grab sees users pulling back
Shares of Grab Holdings Ltd. fell the most in more than a year after the Southeast Asian ride-hailing and food delivery company reported slowing spending by customers.
- Reuters SG
UPDATE 3-Grab's soft delivery sales overshadow improving bottomline
Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its delivery business, taking the shine off an otherwise positive quarter and sending the Southeast Asian company's shares down 10%. Total platform sales at Grab's delivery business - its biggest - fell 9% in the March quarter due to the early start of the Ramadan fasting period and the first Chinese New Year without mobility restrictions since the pandemic. But the company's finance chief, Peter Oey, struck a positive tone for the unit in an interview, saying that he expected "the second half of the year to be stronger for the delivery business."
Business WireGrab Reports First Quarter 2023 Results
SINGAPORE, May 18, 2023--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2023.
Business WireGrab Announces Target to Achieve Zero Packaging Waste in Nature By 2040
SINGAPORE, May 08, 2023--New waste goal announced in conjunction with the release of Grab’s 2022 ESG report
Yahoo Finance SingaporeGrab to increase platform fee from 5 May
Grab will raise its platform fee for each ride from S$0.30 to S$0.70 starting 5 May. Why? Will you be affected? Find out.
BloombergGrab finance chief reduces stake through US$1.1 million share sale
Grab CFO Peter Oey sold US$1.1 million in shares of the Southeast Asian ride-hailing and delivery company.
BloombergGrab Holdings retires US$600 million in 2026 debt with extra cash
Grab Holdings Ltd. on Monday said it prepaid US$600 million in debt ahead of a 2026 maturity, taking advantage of excess cash on its balance sheet.
BloombergSingapore’s Grab dives after concerns mount about slowing growth
Grab Holdings Ltd. plunged its most in almost five months despite bringing forward its profitability target, reflecting concerns about slowing growth as the Southeast Asian ride-hailing and food-delivery provider trims spending.
- Reuters SG
UPDATE 2-Grab forecasts 2023 revenue above estimates, brings forward profit target
Grab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline on hopes that consumers will continue to rely on its services. New York-listed shares of a decade-old Grab, a household name in eight Southeast Asian countries, gained 6% in premarket trading. Grab and rivals such as Indonesia's PT GoTo Gojek Tokopedia Tbk and Uber benefited from higher demand for delivery services during the COVID-19 pandemic, while consumers have relied on the app for their daily commute as offices reopened and travel resumed.
- Business Wire
Grab Reports Fourth Quarter and Full Year 2022 Results
SINGAPORE, February 23, 2023--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the fourth quarter and full year ended December 31, 2022.
BloombergSingapore lawmaker defends Grab job after questions of conflict
A lawmaker in Singapore’s ruling party took to social media to defend her new role running Grab Holdings Ltd.’s government relations department, dismissing concerns about potential conflicts of interest.
The Edge SingaporeGrab receives a more bullish call from Aletheia Capital; takeover of GoTo reiterated
From its April 2022 IPO price of 338 rupiah, GoTo’s shares initially hit as high as 442 rupiah before dropping to 114 rupiah
BloombergSoutheast Asia food delivery market slows in risk to Grab, GoTo
Southeast Asia’s food delivery spending grew at the slowest pace in at least four years in 2022, highlighting the challenges faced by regional internet giants Grab Holdings Ltd. and GoTo Group.
The Edge SingaporeAletheia Capital initiates 'buy' on Grab Holdings with TP of US$4
Grab's extended cash burn may be about to end, says analyst Nirgunan Tiruchelvam.
ReutersGrab lifts revenue forecast, delivery business breaks even
Grab Holdings Ltd bumped up its 2022 revenue forecast on Wednesday as demand booms for the Southeast Asian super-app's rideshare and delivery services, sending its U.S.-listed shares up 7%. The results capped a strong July-September period in which Grab's adjusted operating loss also narrowed and its food and grocery delivery business broke even three quarters ahead of the company's expectations. Decade-old Grab, a household name in eight Southeast Asian countries, has been trying to stem losses by focusing on higher-paying customers and lowering spending on incentives.
- Business Wire
Grab Reports Third Quarter 2022 Results
SINGAPORE, November 16, 2022--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the quarter ended September 30, 2022.
The Edge SingaporeGrab narrows loss by 65% to US$342 mil in 3QFY2022
Revenue for 3QFY2022 stood at US$382 million, a 143% growth y-o-y,.
Yahoo Finance VideoBarclays initiates Grab stock coverage with Equal weight rating
Yahoo Finance Live anchors discuss a mixed note from Barclays on Grab Holdings.
The Edge SingaporeIs Grab still grabworthy?
Following Grab's investor day, analysts seem to be able to see the light at the end of the tunnel for Grab.
- Business Wire
Grab targets Group Adjusted EBITDA breakeven by H2 2024 as it accelerates path to profitability
SINGAPORE, September 27, 2022--Grab Holdings Limited (NASDAQ: GRAB) announced today at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA1 basis by the second half of 2024, as it accelerates its path to profitability. For the second half of 2022, Group Adjusted EBITDA is expected to be $(380) million, a 27% improvement compared to the first half of 2022. With a focus on sustainable growth, Grab also announced that it expects Group revenues to grow strongl
Reuters SGGrab expects to break even by H2 2024
Grab Holdings Ltd , Southeast Asia's biggest ride-hailing and food delivery firm, expects to break even on its adjusted EBITDA by the second half of 2024 as it accelerates toward profitability, company officials said on Tuesday. Grab also announced that it expects group revenue to grow by 45% to 55% year-on-year in 2023 on a constant currency basis. Grab, which listed on the Nasdaq in December following a record $40 billion merger with a blank-check company, has been under investor pressure to stem losses from its decade-old business.
BloombergGrab expects growth to slow while it pursues 2024 profitability
Grab Holdings CEO Anthony Tan is trying to reassure shareholders that the company is speeding up efforts to reverse years of losses.