Grab

Broker's Calls

Sell-off in share price unwarranted, Citi keeps 'buy' on Grab while DBS maintains 'hold' call

Citi Research analysts view the sell-off as an enhanced buying opportunity.

Results

Grab's loss widens by 73% to US$1.1 billion in 4Q21

Grab's FY2021 revenue grew 44% y-o-y to US$675 million.
Grab partners with Secura to offer security training courses  - THE EDGE SINGAPORE

News

Grab partners with Secura to offer security training courses

The two companies will also offer 200 job opportunities in the security sector for Grab’s driver and delivery partners.

REITs

Two REITs that fell on rising risk-free rates could rebound

REITs sold down because of risk free rates could rebound but MSCI Singapore may cause fund managers to reweight components

Tech

Grab Holdings to be included in MSCI flagship global index

The Singapore-headquartered ride hailer will be added to the index as at the close of Feb 28.

M&A

Grab completes acquisition of Malaysian supermarket chain Jaya Grocer

The acquisition is EBITDA accretive to its business, said Grab.

New appointments

Former SATS CEO Alex Hungate starts at Grab as COO

Based in Singapore, Hungate will oversee Grab’s mobility, deliveries and financial services businesses, among others.

Global Markets

All I want for Christmas

"Don't forget Mariah Carey's reminder and your loved ones this season when you party from 2021's winnings."
Assembling the digital economy ecosystem, one byte at a time - THE EDGE SINGAPORE

Digital Economy

Assembling the digital economy ecosystem, one byte at a time

Singapore's strong digital economy would mean more tech companies would list here. However, this has not really been the trend

SPACs

Grab the wild ride of spacs

There is a spac bonanza hiding in plain sight in Singapore. Next year could see it take off.
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