Grab

Citi cuts Grab's TP to US$5, keeps “buy” as growth profile remains intact - THE EDGE SINGAPORE

Broker's Calls

Citi cuts Grab's TP to US$5, keeps 'buy' as growth profile remains intact

The analysts have lowered their 2QFY2022 GMV assumption for deliveries by 3.6% while increasing mobility GMV by 1.2%.
Grab launches GrabMaps; to tap Southeast Asia’s US$1 billion mapping and location based-services market - THE EDGE SINGAPORE

News

Grab launches GrabMaps; to tap Southeast Asia’s US$1 bil mapping and location based-services market

GrabMaps does not have any specific revenue goals currently.

Disruption and Digitalisation

Grab introduces GrabFin and Earn+

Grab Financial Group has unveiled its new brand GrabFin as well as investment product Earn+.
DBS slashes Grab's TP to US$2.93 after revising valuation metrics - THE EDGE SINGAPORE

Broker's Calls

DBS and Maybank lower Grab's TP to US$2.93 and US$4.23 respectively following 1QFY2022 results

Grab’s 1QFY2022 total adjusted EBITDA loss of US$287 million was higher than DBS’s expectations of US$200 million.
Grab narrows loss by 35% to US$435 million in 1QFY2022 - THE EDGE SINGAPORE

Results

Grab narrows loss by 35% to US$435 million in 1QFY2022

Revenue in 1QFY2022 stood at US$228 million, a 6% growth y-o-y and 87% growth q-o-q.

Private equity

Southeast Asia private equity market hit record deal value of US$25 bil in 2021: Bain & Co

Asia now makes up over a quarter of the global private equity market.
Consortiums led by Grab-Singtel and Sea among digital bank licence awardees in Malaysia - THE EDGE SINGAPORE

Banking & finance

Consortiums led by Grab-Singtel and Sea among digital bank licence awardees in Malaysia

BNM has announced the five successful applicants for the digital bank licenses which include names such as Grab, Singtel and Sea.

Investing ideas

Is the worst over for Grab and Sea?

While analysts have reduced their TPs for both stocks, they generally remain confident in the long term prospect of both companies
Sea and Grab: Southeast Asia shows the high cost of fast growth - THE EDGE SINGAPORE

Digital Economy

Sea and Grab: Southeast Asia shows the high cost of fast growth

As Grab and Sea announce larger losses for FY2021, should they show some fiscal discipline?
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