UBER - Grab Holdings Is Your Second Chance On Your Lost Opportunity With Uber
- Grab is in advanced talks with Altimeter Growth Corp for a very probable merger. This probability stems from Grab's obligation to Uber to go public before 2023.
- Grab's proof of concept and ability to scale are evident in its rapidly increasing adoption rate.
- Despite its success in its food delivery services, Grab is a high-growth company in multiple high-growth industries such as digital wallet and cashless payment systems.
- Based on estimated revenue, Grab's proposed valuation of $40 billion stands at a Price-to-Sales (P/S) multiple between 10 and 21.
- Grab's depressed main business segment (ride-hailing services) is set to recover amid the vaccine rollout. This gives investors a favorable investment value proposition.
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Grab Holdings Is Your Second Chance On Your Lost Opportunity With Uber