I reiterate my Strong Buy on Grab, viewing the recent share price pullback as an excellent entry point for investors. The $1.25bn convertible note likely signals Grab's preparation for a major acquisition, potentially GoTo, despite official denials. A Grab-GoTo merger, with Indonesia's sovereign wealth fund involvement, could mitigate Indonesian gov's concerns about Grab, a SG headquartered com...
SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today provided a trading update reporting certain operating metrics for the months of April and May 2025 as follows: Growth in our on-demand GMV and in the number of rides for the months of April and May 2025 remained robust in spite of macroeconomic uncertainties. Our Indonesian business continued to witness sequential growth in ...
Newly-launched sovereign wealth fund Danantara Indonesia is in early talks with GoTo to get a piece of U.S.-listed rival Grab's potential buyout of the ride-hailing and food delivery firm, Bloomberg News reported on Friday.
The GRAB/GoTo Acquisition is likely to happen at some point and this will change the dynamic of the Southeast Asian market. There's no argument against the fundamentals massively improving year-on-year. My profit target for GRAB remains above $8 based on very conservative assumptions.
Indonesia's antitrust agency has started research aimed at identifying risks from a possible merger between tech giants Grab and GoTo , its head said on Wednesday.
Grab still has so much room for growth as it has a low penetration rate of just 6%. The fintech business could potentially take off as Grab expands to consumer and merchant lending. Despite $5.9B of Net Cash Liquidity, Grab did not buy back any shares in Q1.
U.S.-listed ride-hailing and food delivery company Grab is looking to strike a deal to take over smaller Indonesian rival GoTo in the second quarter, two sources with knowledge of the matter said.
Grab's super-app dominates Southeast Asia with 43 million users, leveraging AI-driven features and loyalty bundles to enhance cross-service engagement and user stickiness. Financially robust, Grab boasts a cash-to-debt ratio of 15.3x, a quick ratio of 2.46x, and a gross margin of 42.5%. Despite competition, Grab controls 55% of the $375 billion Mobility and Delivery market, with impressive GMV ...
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