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GRAB - Grab: Building A Super App
May, 10 2022 02:14 PM
Grab Holdings Limited
Grab is the largest SPAC that went public last year, with a market cap of around $40 billion. The stock hit an all-time high last November at $17 and has been plummeting since. The company is trying to build a Super App by launching more products beyond ride sharing. There are huge opportunities ahead, but valuation is still elevated compared to peers and profitability remains an issue. Grab is a hold for now. For further details see:
Grab: Building A Super App
Stock Information
Company Name:
Grab Holdings Limited
Stock Symbol:
GRAB
Market:
NASDAQ
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