Grab Holdings Limited (GRAB)
| Market Cap | 13.38B |
| Revenue (ttm) | 2.36B |
| Net Income (ttm) | -434.00M |
| Shares Out | 3.82B |
| EPS (ttm) | -0.11 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 25,497,148 |
| Open | 3.540 |
| Previous Close | 3.500 |
| Day's Range | 3.490 - 3.560 |
| 52-Week Range | 2.670 - 3.920 |
| Beta | 0.91 |
| Analysts | Strong Buy |
| Price Target | 5.10 (+45.71%) |
| Earnings Date | May 15, 2024 |
About GRAB
Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings. Grab Holdings Limited is headquartered in Singapore. [Read more]
Financial Performance
In 2023, Grab Holdings's revenue was $2.36 billion, an increase of 64.62% compared to the previous year's $1.43 billion. Losses were -$434.00 million, -74.21% less than in 2022.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for GRAB stock is "Strong Buy." The 12-month stock price forecast is $5.1, which is an increase of 45.71% from the latest price.
News
Grab to Announce First Quarter 2024 Results on May 15, 2024
NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited first quarter 2024 results after the U.S. market closes on M...
Abandoned Grab-Delivery Hero Deal Got Attention of Singapore Regulator
A now-abandoned deal between two food delivery giants got the attention of Singapore's competition watchdog. The Competition and Consumer Commission of Singapore (CCCS) said Monday (April 1) that it o...
Grab Files Annual Report on Form 20-F for Fiscal Year 2023
NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB)(“Grab” or the “Company”), Southeast Asia's leading superapp, today announced that it filed its annual report on Form 2...
Grab CFO says 2024 will be a year of investing
Peter Oey, CFO of the Southeast Asian ride-hailing and delivery company, discusses its results and says it'll invest in a "new set of features," among other things.
Ride-hailing giant Grab posts first profitable quarter, announces $500 million share buyback
On Thursday, Grab posted its first-ever profitable quarter, raking in $11 million in profit.
Grab unveils first-ever share buyback after profitable quarter
Grab Holdings reported its first-ever quarterly profit on Thursday and announced a maiden share repurchase plan, following recent cost cuts and higher demand for the company's ride-share and food-deli...
Grab Reports Fourth Quarter and Full Year 2023 Results and Announces Inaugural Share Repurchase Program of Up to $500 Million
• Q4 2023 Revenue grew 30% year-over-year to $653 million • Q 4 2023 Profit for the period was positive at $11 million • Q4 2023 Adjusted EBITDA improved by $146 million year-over-year to $35 millio...
Indonesia's GoTo denies merger talks with ride-hailing rival Grab
Indonesian tech giant GoTo in a Tuesday filing said it is "not having any discussion on such matters."
GoTo Denies Report of Merger Talks With Grab Holdings
GoTo has denied that it is in merger talks with Grab Holdings. The company said in a Tuesday (Feb. 13) filing that it “is not having any discussion on such matters,” Reuters reported Tuesday.
Report: Grab Holdings and GoTo Group in Preliminary Merger Discussions
Southeast Asian ride-hailing and food-delivery companies Grab Holdings and GoTo Group are reportedly in talks to merge. The companies are in preliminary discussions and are exploring various scenarios...
Grab to Announce Fourth Quarter 2023 Results on February 22, 2024
NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited fourth quarter and full year 2023 results before the U.S. ma...
Grab's Payments Business Helps Drive First Adjusted Profit
Singapore's Grab has logged its first profit on an adjusted basis as it looks to expand. The ride-hailing and delivery giant shared that news as it released quarterly earnings on Thursday (Nov. 9).
Grab Reports Third Quarter 2023 Results
SINGAPORE--(BUSINESS WIRE)--Grab delivers first Adjusted EBITDA profitable quarter.
Grab Shares Dip as Singapore Launches Review of Ride-Hailing Regulations
The Land Transport Authority (LTA) of Singapore announced it will review the ride-hailing and taxi industries, causing shares of Southeast Asian super provider Grab to dip 8%. Grab, whose services inc...
Grab Shares Jump After Narrowing Losses on Cost-Cutting Moves
Singapore-based e-commerce and ride-hailing company Grab (GRAB) narrowed its losses by almost three-quarters in the three months ending June and forecast a smaller loss for the year, as cost-cutting m...
Grab Reports Second Quarter 2023 Results
SINGAPORE--(BUSINESS WIRE)--Group Adjusted EBITDA breakeven guidance brought forward to Q3 2023 from Q4 2023.
Food delivery apps Grab and Foodpanda expand into dine-in services as explosive growth stalls
Food delivery apps Grab and Foodpanda are offering dine-in features as consumers resume their normal daily routines and go out and dine in more frequently.
Grab to Announce Second Quarter 2023 Results on August 23, 2023
NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited second quarter 2023 results before the U.S. market opens on A...
Grab cuts 1,000 jobs, its biggest round of layoffs since the pandemic
CEO Anthony Tan said the job cuts are not a "shortcut to profitability" but will enable Grab to adapt to the competitive business environment.
Singapore tech giant Grab to lay off over 1,000 employees
Singapore-based tech giant Grab will lay off over 1,000 employees, its CEO said Tuesday, a move that will affect about 11 percent of its workforce.
Grab Prepares for Layoffs Amid Slowing Growth
Singapore's Grab is reportedly readying its largest round of job cuts in three years. The layoffs — which could come as soon as this week — will likely exceed a round that cut 5% of the ride-hailing/f...
Grab Reports First Quarter 2023 Results
SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2023.
Grab to Announce First Quarter 2023 Results on May 18, 2023
NEW YORK, April 25, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited first quarter 2023 results before the U.S. market opens on M...
Grab Sees Super App Synergies as Deliveries and Payments Services Grow
For Grab, cross-platform pollination is in evidence as more users use more services more often. The company, which has its roots in ride-hailing and now operates in eight countries across Southeast As...
Grab Reports Fourth Quarter and Full Year 2022 Results
SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the fourth quarter and full year ended December 31, 2022. “Our 2022 and fourth quarter ...