Grab Holdings

Digital Economy

Grab co-founder Tan Hooi Ling to exit her operational roles

Tan, 39, will also give up her seat on the board
 - THE EDGE SINGAPORE

Results

Southeast Asia’s ride-hailing app Grab sees users pulling back

Grab’s adjusted losses before interest, taxes, depreciation and amortization in the first quarter narrowed to US$66 million.

Company in the news

Grab Holdings retires US$600 mil in 2026 debt with extra cash

Shares of Grab are down 2.5% this year, trailing a 12% increase in the Nasdaq Composite Index.
Grab the de-spacs with excess cash - THE EDGE SINGAPORE

SPACs

Grab the de-spacs with excess cash

The spac boom has been a windfall beyond the fondest expectations of its sponsors

Digital Economy

GoTo brings forward profit goal after job cuts

Shares of GoTo have fallen more than 60% since its market debut in April.
Grab hires Tin Pei Ling for public affairs role - THE EDGE SINGAPORE

Tech

Grab hires Tin Pei Ling for public affairs role

Grab said that Tin... will build partnerships and programs to harness technology’s potential in Singapore.

Broker's Calls

Grab receives a more bullish call from Aletheia Capital; takeover of GoTo reiterated

From its April 2022 IPO price of 338 rupiah, GoTo’s shares initially hit as high as 442 rupiah before dropping to 114 rupiah

Food & Beverage

Southeast Asia food delivery market slows in risk to Grab, GoTo

Southeast Asia’s food delivery spending grew at the slowest pace in at least four years in 2022.
Brokers' Digest: Manulife US REIT, Japfa, Grab Holdings - THE EDGE SINGAPORE

Broker's Calls

Brokers' Digest: Manulife US REIT, Japfa, Grab Holdings

See what the analysts have to say this week.

Digital Economy

GoTo shares fall to record low as major holders' lock-up expires

GoTo shares are down 55% from its IPO
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