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Grab Holdings
Digital Economy
Indonesia's social commerce ban will be toothless
Indonesia's ban will do little to stall TikTok's march
October 05, 2023
Broker's Calls
Foodpanda deal could be ‘value-accretive’ for Grab, says HSBC
HSBC's analysts expect Grab to turn adjusted ebitda positive in 3QFY2023 and FCF-positive in FY2024.
September 24, 2023
Broker's Calls
DBS upgrades Grab to ‘buy’ with higher TP of US$4.29
DBS Group Research analyst Sachin Mittal says he sees opportunities with the recent pullback in its share price.
September 21, 2023
Broker's Calls
Analysts unanimous on Grab’s improved prospects after 2QFY2023 outperformance
Analysts from Citi, Maybank, HSBC and CGS-CIMB have each maintained their “buy” and “add” calls.
August 25, 2023
Broker's Calls
DBS downgrades Grab to ‘fully valued’ on ‘structural challenges’
Analyst Sachin Mittal has, however, increased his TP to US$3.16 from US$3.07 previously.
July 24, 2023
Company in the news
Grab to acquire Trans-Cab
Shares in Grab closed at US$3.51 on July 19.
July 20, 2023
Global Economy
Briefs: MAS penalises Citi, DBS and OCBC for breaches of anti-money laundering requirements; Grab cuts 1,000 jobs
Quoteworthy: "That’s what the great embarrassment for dictators — when they didn’t know what happened." - US's Joe Biden.
June 23, 2023
Digital Economy
Grab cuts 1,000 jobs, maintains on track to meet earnings target
The jobs to be cut is equal to 11% of Grab's total headcount, according to Reuters, citing memo sent by CEO Anthony Tan
June 20, 2023
Company in the news
Grab plans biggest round of job cuts since pandemic
The cuts suggest Grab is succumbing to investor pressure for faster cost reduction.
June 20, 2023
Broker's Calls
As banks’ momentum wanes, investor interest could return to S-REITs and tech stocks: CLSA
CLSA analysts say that banks could be losing momentum with Singapore market earnings upgrades waning over the past few quarters.
June 16, 2023