Grab Holdings Limited (GRAB)
|Net Income (ttm)||-856.00M|
|Day's Range||3.10 - 3.16|
|52-Week Range||2.65 - 4.03|
|Price Target||4.89 (+55.73%)|
|Earnings Date||Nov 9, 2023|
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. The company is headquartered in Singapore. [Read more]
In 2022, Grab Holdings's revenue was $1.43 billion, an increase of 112.30% compared to the previous year's $675.00 million. Losses were -$1.68 billion, -51.20% less than in 2021.Financial Statements
According to 7 analysts, the average rating for GRAB stock is "Strong Buy." The 12-month stock price forecast is $4.89, which is an increase of 55.73% from the latest price.
The rideshare industry has come a long way since its beginnings over a decade ago. While the business models make sense, the reality is that making profits is extremely hard for rideshare companies.
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).
SINGAPORE--(BUSINESS WIRE)--Grab delivers first Adjusted EBITDA profitable quarter.
Grab Holdings NASDAQ: GRAB gained the spotlight when a spike in volume placed it on the Most Active Penny Stocks list. Penny stocks come with an above-average level of risk, so higher-than-average vol...
Penny stocks can be a treasure trove of investment opportunities, and the list of Most Active Penny Stocks is a good place to start looking. The downside is that many penny stocks are active for no go...
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...
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...
SINGAPORE--(BUSINESS WIRE)--Group Adjusted EBITDA breakeven guidance brought forward to Q3 2023 from Q4 2023.
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.
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...
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-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.
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...
SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 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...
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...
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 ...
Moreover, large caps and penny stocks generally attract two very different sets of investors. The former prefers stability and steady growth while the latter seeks quick profits.
The Takeaways From the Latest Hedge Fund 13F Disclosures
Bloomberg's Sonali Basak reports on the takeaways from this quarter's 13F disclosures by hedge funds. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles an...
Grab Holdings Ltd (NASDAQ: GRAB) is a Southeast Asian technology company offering ride-hailing, ride-sharing, food delivery, and financial services. Many investors will remember them as the company li...
NEW YORK, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited fourth quarter and full year 2022 results before the U.S. mar...
Singapore's Grab Holdings wants to cut costs for its ridesharing app/food delivery service. A report Thursday (Dec. 15) by Reuters outlines the cost-cutting measures, which come amid ongoing struggles...
Grab Holdings Ltd , Southeast Asia's biggest ride-hailing and food delivery firm, is rolling out cost-cutting measures to cope with an uncertain macroeconomic situation, the Singapore-based company's ...
Grab managed to reduce losses by 24% in the third quarter and broke even in its deliveries segment earlier than expected.
SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the quarter ended September 30, 2022.