Grab

Electric vehicles

Grab-BYD partnership to expand EV fleet offering in Southeast Asia

The partnership aims to help driver-partners accelerate the transition to zero-emission modes of transport by lowering the financial barriers often associated with EVs.

IPO

Grab, Singtel-backed Super Bank is said to consider Jakarta IPO this year

The Jakarta-based company may seek a valuation of US$1.5 billion to US$2 billion in a potential listing

Digital Economy

How Grab propels its AI-led growth with the cloud

The Southeast Asian super app uses AWS to support continuous innovation, deliver reliable services and be cost-efficient.

Broker's Calls

‘Buy’ Grab as 3QFY2024 earnings hitting all the right notes, analysts say

The Maybank, DBS and CGSI analysts have all raised their target prices to US$5.40, US$5.16 and US$4.90 respectively.

Company in the news

Grab shares jump after company raises forecast

The stock climbed as high as US$5.04 in extended trading, after closing the regular session at US$4.38.

Broker's Calls

More Asean investors positioned in Grab while Singtel remains high on the radar following DC foray: Maybank

Among regional telcos, Singtel dominated most investor discussions.

Broker's Calls

Grab delivered another solid quarter, analysts keep ‘buy’

DBS is raising its target price for Grab to US$4.50 from US$4.08 previously.

Regulatory Action

CCCS issued set of interim measures directions on Grab’s possible acquisition of Delivery Hero’s business in Singapore

The IMDs ceased to have effect from Feb 23, following information that the possible transaction had been abandoned.
Grab's softer-than-expected FY2024 guidance disappoints the market, Citi lowers TP to US$5 - THE EDGE SINGAPORE

Broker's Calls

Grab's softer-than-expected FY2024 guidance disappoints the market, Citi lowers TP to US$5

The analysts believe it is likely for Grab to update its guidance as the year progresses.

Broker's Calls

DBS lowers Grab's TP to US$4.08 on potential mobility slowdown

Challenges still persist as Singapore lags and Chinese tourists numbers stay below expectations.
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