Grab

Digital Economy

Grab rival Be Group gets US$60 million loan for Vietnam expansion

Vietnam’s fast-expanding ride-hailing sector is seeing renewed competition fro Go-Jek and FastGo Vietnam
Digital banks unveiled, incumbents respond with higher interest rates - THE EDGE SINGAPORE

Disruption and Digitalisation

Digital banks unveiled, incumbents respond with higher interest rates

The digital banks’ maiden products are putting them in direct competition for funds with the incumbent local banks and the QFBs.
'Gen Z bank' GXS launches with Grab, Singtel backing - THE EDGE SINGAPORE

Company in the news

'Gen Z bank' GXS launches with Grab, Singtel backing

Backed by Grab and Singtel, the digital bank's customers can earn interest of 1.58% p.a.
Analysts keep their 'add' and 'buy' calls for Grab amid push for profitability  - THE EDGE SINGAPORE

Broker's Calls

Analysts keep their 'add' and 'buy' calls for Grab amid push for profitability

The easing competitive landscape enables Grab to accelerate their path to profitability.
Grab narrows loss by 29% to US$572 mil in 2QFY2022, pulls forward segments breakeven timelines - THE EDGE SINGAPORE

Results

Grab narrows loss by 29% to US$572 mil in 2QFY2022, pulls forward segments breakeven timelines

Grab is pulling forward its core food deliveries and overall deliveries segment breakeven timelines.
Grab launches GrabScholar and GrabMerchant Center, officially opens Grab HQ @ Singapore - THE EDGE SINGAPORE

Company in the news

Grab launches GrabScholar and GrabMerchant Centre, officially opens Grab HQ @ Singapore

GrabMerchantCentre will be established to provide 1-on-1 business consultation services for its SME merchant-partners.
Grab hits 10 billion rides as it celebrates 10th anniversary - THE EDGE SINGAPORE

Company in the news

Grab hits 10 billion rides and deliveries as it celebrates 10th anniversary

Singapore tracks the longest rides at 11.2 kilometers per ride on average.
Sea to find most success by replicating a strategy similar to Tencent: Maybank - THE EDGE SINGAPORE

Broker's Calls

Sea to find most success by replicating a strategy similar to Tencent: Maybank

Backed by the original superapp creator Tencent, Sea is currently Maybank's clear favourite to dominate the region.
CGS-CIMB initiates 'add' on Grab with TP of US$3.60 - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB initiates 'add' on Grab with TP of US$3.60

Amid easing competition, Grab is expected to be able to scale back on its incentive levels and continue to increase monetisation.
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