|Bid||2.8900 x 27000|
|Ask||2.9000 x 34100|
|Day's range||2.8500 - 2.9500|
|52-week range||2.1900 - 4.0300|
|Beta (5Y monthly)||0.78|
|PE ratio (TTM)||N/A|
|Earnings date||13 Sept 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||4.22|
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.
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 Live takes a quick look at shares of Grab Holdings.
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.
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."
SINGAPORE, May 18, 2023--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2023.
SINGAPORE, May 08, 2023--New waste goal announced in conjunction with the release of Grab’s 2022 ESG report
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.
Grab CFO Peter Oey sold US$1.1 million in shares of the Southeast Asian ride-hailing and delivery company.
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.
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.
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.
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.
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.
From its April 2022 IPO price of 338 rupiah, GoTo’s shares initially hit as high as 442 rupiah before dropping to 114 rupiah
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.
Grab's extended cash burn may be about to end, says analyst Nirgunan Tiruchelvam.
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.
SINGAPORE, November 16, 2022--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the quarter ended September 30, 2022.
Revenue for 3QFY2022 stood at US$382 million, a 143% growth y-o-y,.
Yahoo Finance Live anchors discuss a mixed note from Barclays on Grab Holdings.
Following Grab's investor day, analysts seem to be able to see the light at the end of the tunnel for Grab.
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
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.
Grab Holdings CEO Anthony Tan is trying to reassure shareholders that the company is speeding up efforts to reverse years of losses.