Grab Holdings Ltd

Grab Holdings Ltd. enables millions of people each day to access its driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine, all through a single “everyday everything” app. The company operates in food deliveries and mobility and by TPV in the e-wallets segment of financial services in Southeast Asia. Grab operates across the deliveries, mobility and digital financial services sectors in eight countries namely: Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. The company was founded by Anthony Tan Ping Yeow and Tan Hooi Ling in 2012 and is headquartered in Singapore.

Earnings data Q4 2021

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Grab reports strong Q4 earnings, eyes sustainable growth opportunities

Grab's Q4 2022 performance showcased significant revenue growth, improved margins, and strong user growth, positioning the company for sustainable profitability.
The company's focus on cost optimization, product innovation, and financial services expansion highlights its strategic direction towards profitability and market leadership.
While challenges in maintaining EBITDA and achieving margin targets exist, Grab's opportunities lie in the delivery segment's growth potential and financial services expansion.
With a multipronged approach to growing user base and revenue streams, Grab is poised to capitalize on market opportunities and drive long-term growth.

Grab doubles revenue and reduces losses, eyes growth opportunities

Grab's Q1 2023 earnings call highlighted strong financial results, strategic achievements, and a focus on digitalization and expanding user base. The company is driving growth through innovation, cost efficiency, and a commitment to affordability and reliability. Challenges include managing EBITDA losses in Financial Services and balancing reinvestment for growth.

Grab reports robust Q2 earnings, eyes growth in new markets

Grab's Q2 2023 performance reflects strong revenue growth, operational efficiency, and sustained focus on market share and MTU growth.
The company's strengths in execution, affordability initiatives, and AI integration position it well for continued growth and competitive advantage.
Challenges in managing costs, mobility incentives, and cash deployment require strategic focus to balance growth and profitability effectively.
Opportunities in segment growth, expansion to new markets, and cost optimizations present avenues for Grab to enhance its market position and financial performance.

Grab achieves positive EBITDA, focuses on sustainable growth strategy

Grab's Q3 performance reflects strong revenue growth, positive EBITDA, and improved segment profitability. The company's strategic focus on sustainable growth, operational efficiency, and financial services expansion underpin its success. While facing challenges in margin optimization and regulatory compliance, Grab has opportunities to drive further growth through segment enhancements and strategic initiatives.
By leveraging data analytics, optimizing cost structures, and pursuing new market opportunities, Grab is poised to capitalize on its strengths and navigate challenges effectively. The company's commitment to driving economic empowerment and financial inclusion in Southeast Asia aligns with its long-term growth objectives.

Grab achieves profitability milestone and targets sustainable growth strategies

Grab's Q4 2023 earnings call showcased the company's milestone achievement of profitability and strong financial performance. With a focus on innovation, cost discipline, and user engagement initiatives, Grab is poised for sustainable growth. Challenges include managing expenses, FX fluctuations, and optimizing margins across segments, while opportunities lie in share repurchases, debt repayment, and growth strategies targeting key markets and customer segments.

Grab reports stellar Q1 performance, eyes growth in fintech

Grab's Q1 2024 showcased robust performance across key metrics, with strong revenue growth and profitability improvements.
Strategic initiatives and partnerships are driving engagement and revenue, while the fintech strategy is yielding positive results.
Challenges lie in achieving profitability in the Financial Services segment and managing corporate costs efficiently.
Opportunities exist in scaling the platform, expanding revenue streams, and enhancing operational efficiencies for sustained growth.

Grab reports robust Q2 earnings, eyes social media partnerships for growth

Grab's Q2 2024 Earnings Call highlighted strong financial performance, operational achievements, and strategic focus on growth and profitability. The company faces challenges in optimizing costs, addressing competitive pressures, and driving growth in key segments. By leveraging opportunities in partnerships, investments, and new initiatives, Grab aims to navigate challenges and capitalize on its strengths for sustained success.

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Investors took quite a shine to the delivery specialist's latest set of quarterly results. So did analysts, as several raised their price targets on the stock.

Why Grab Holdings Stock Was Surging This Week

Grab Holdings Limited (NASDAQ:GRAB ) Q2 2023 Earnings Conference Call August 23, 2023 8:00 AM ET Company Participants Douglas Eu - Head of Asia, IR Anthony Tan - CEO Alexander Hungate - COO Peter Oey - CFO Conference Call Participants Venugopal Garre - Bernstein Piyush Choudhary - HSBC Pang Vittayaamnuaykoon - Goldman Sachs Thomas Chong - Jefferies Alicia Yap - Citigroup Mark Mahaney - Evercore Sachin Salgaonkar - Bank of America Operator Ladies and gentlemen, thank you for joining us today. My name is Ellen, and I'll be your conference operator for this session.

Grab Holdings Limited (GRAB) Q2 2023 Earnings Call Transcript

Grab easily exceeded expectations on both revenue and earnings in the second quarter. Deliveries revenue more than doubled year over year thanks in part to lower incentives.

Why Grab Stock Popped Today

Singapore-based e-commerce and ride-hailing company Grab (GRAB) narrowed its losses by almost three-quarters in the three months ending June and forecast a smaller loss for the year, as cost-cutting measures paid off.

Grab Shares Jump After Narrowing Losses on Cost-Cutting Moves

SINGAPORE--(BUSINESS WIRE)--Group Adjusted EBITDA breakeven guidance brought forward to Q3 2023 from Q4 2023.

Grab Reports Second Quarter 2023 Results

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Grab's cost-cutting and optimization policies not only improved profitability but also revealed a certain degree of moat, inelastic demand, the incentive spending efficiencies. Although Grab can reach breakeven and profitability via cost-cutting, Grab still has to grow to justify its currently $14.5bn market cap. Grab is a buy below $4.30 as it could be in a classic accumulation phase.

Grab Is Showing Inelastic Demand In A Moat-Discovering Phase: Path To Profitability

Food delivery apps Grab and Foodpanda are offering dine-in features as consumers resume their normal daily routines and go out and dine in more frequently.

Food delivery apps Grab and Foodpanda expand into dine-in services as explosive growth stalls

NEW YORK, July 25, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited second quarter 2023 results before the U.S. market opens on August 23, 2023.

Grab to Announce Second Quarter 2023 Results on August 23, 2023

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CEO Anthony Tan said the job cuts are not a "shortcut to profitability" but will enable Grab to adapt to the competitive business environment.

Grab cuts 1,000 jobs, its biggest round of layoffs since the pandemic

Singapore-based tech giant Grab will lay off over 1,000 employees, its CEO said Tuesday, a move that will affect about 11 percent of its workforce.

Singapore tech giant Grab to lay off over 1,000 employees

Singapore's Grab is reportedly readying its largest round of job cuts in three years. The layoffs — which could come as soon as this week — will likely exceed a round that cut 5% of the ride-hailing/food delivery platform's staff in 2020, Bloomberg News reported Tuesday (June 20), citing sources familiar with the matter.

Grab Prepares for Layoffs Amid Slowing Growth

Grab has been excessively beaten down since its listing in H2 2021. With the company moving toward break-even, however, there is a compelling investment case here. At a net cash balance of nearly 40% of its market cap, the market has likely penalized the stock too harshly.

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Sales and earnings results for the first quarter came in ahead of analysts' consensus expectations. Weak growth in gross merchandise volume signals potential problems for the business.

Why Grab Stock Plummeted Today

Grab Holdings Limited (NASDAQ:GRAB ) Q1 2023 Results Conference Call May 18, 2023 8:00 AM ET Company Participants Vivian Tong - Head of US Investor Relations Anthony Tan - Chief Executive Officer Alex Hungate - Chief Operating Officer Peter Oey - Chief Financial Officer Conference Call Participants Pang Vittayaamnuaykoon - Goldman Sachs Alicia Yap - Citigroup Inc. Piyush Choudhary - HSBC, Research Division Mark Mahaney - Evercore Inc Sachin Salgaonkar - BofA Navin Killa - UBS Operator Ladies and gentlemen, thank you for joining us today. My name is Emily, and I'll be your conference operator for this session.

Grab Holdings Limited (GRAB) Q1 2023 Earnings Call Transcript

SINGAPORE--(BUSINESS WIRE)--Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2023.

Grab Reports First Quarter 2023 Results

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GRAB has one of the leading superapps in Southeast Asia, which provides lots of optionality for the company to expand into other businesses by leveraging its massive customer base. The demand for food and grocery delivery services in Southeast Asia experienced slower growth in 2022 as COVID restrictions eased and life returned to normal.

Grab Holdings: Limited Upside Potential From Current Levels

NEW YORK, April 25, 2023 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited first quarter 2023 results before the U.S. market opens on May 18, 2023.

Grab to Announce First Quarter 2023 Results on May 18, 2023

The stock price of Grab Holdings Ltd (NASDAQ: GRAB) fell by 15.07% this past week. This is why.

News for Grab Holdings Ltd Stock (GRAB)