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Grab
Broker's Calls
Analysts positive on Grab following increased revenue guidance and accelerated profitability timeline
Grab's increased FY2023 revenue guidance took Citi Research analysts by surprise.
February 24, 2023
Company in the news
GrabMaps becomes data provider for AWS customers
AWS customers now have access to regional mapping data including over 50 million addresses and points of interests from GrabMaps.
February 09, 2023
Broker's Calls
DBS downgrades Grab to 'fully valued', highlights TikTok’s potential threat to Asean internet companies
Southeast Asia is projected to be TikTok Shop’s most promising region, led by Indonesia.
January 30, 2023
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
January 24, 2023
Broker's Calls
DBS prefers Sea over Grab in its Asean internet coverage
In the near term, DBS expects Sea’s share price to rise towards US$75 before marching towards its 12-month target of US$100.
November 25, 2022
Broker's Calls
Analysts positive on Grab amid good prospects and easing competitive landscape
Grab’s delivery ebitda turned profitable three quarters ahead of targeted schedule, the analysts highlight.
November 21, 2022
Digital Economy
Indonesia's GoTo joins global tech cuts in slashing 1,300 jobs
GoTo says “it must accelerate its progress towards becoming a truly sustainable and financially independent business"
November 18, 2022
Results
Grab narrows loss by 65% to US$342 mil in 3QFY2022
Revenue for 3QFY2022 stood at US$382 million, a 143% growth y-o-y,.
November 16, 2022
Broker's Calls
DBS maintains 'hold' on Grab with lower TP as market focuses on profitability
DBS expects slowdown in the financial services segment as ebitda losses have increased.
October 21, 2022
Broker's Calls
Is Grab still grabworthy?
Following Grab's investor day, analysts seem to be able to see the light at the end of the tunnel for Grab.
September 28, 2022