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Summary 2Q22 adjusted EBITDA and free cash flows show progress towards its 2024 targets, as management's guidance for 3Q22 adjusted EBITDA and free cash flows shows continued momentum into 2H22. Uber's platform strategy continues to provide structural competitive advantages as it ...
Back in 2018, Uber Technologies (NYSE: UBER) sold its Southeast Asian business to Grab Holdings (NASDAQ: GRAB) , a start-up that bundled various transportation, food delivery, and payment services together into a single "super app." In exchange, Uber received a 27.5% stake i...
Summary Grab’s IPO has been untimely as investors have focused on profitability over growth throughout 2022. This has resulted in Grab’s share price dropping by >70% since its IPO in December 2021. Grab operates in all South-East Asian countries that have a rising...
Bank of America weighed in on Grab Holdings Limited ( NASDAQ: GRAB ) following the Asian tech player's investor event. The firm said the key message from the analyst day was that Grab is committed to sustained revenue growth while focusing on improving path to profitability....
Grab Holdings ( NASDAQ: GRAB ) expects to break-even on its adjusted EBITDA by the second half of 2024 as it accelerates towards profitability, company officials said on Tuesday. The Southeast Asia's ride hailing and food delivery firm stated it estimates adjusted EBIT...
Expects revenue to grow by 45%-55% in 2023 on a constant currency basis Details ecosystem-focused strategy at first investor day as it drives to become Southeast Asia’s largest and most efficient on-demand platform for local commerce and mobility Grab Holdings Lim...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Undervalued growth stocks are getting more difficult to find. The last two years offered one of the best money-making opportunities in growth stocks. The current year has however been challenging with a big correction in ...
Summary Grab is the largest ride-sharing and grocery delivery company in Southeast Asia. The company hit record revenue in Q2 2022 and continues to increase monthly active users on its platform. I like GRAB stock under $5 as a strong buy and believe it's one of the best foreig...
3 Tips for Finding Penny Stocks to Buy Right Now When it comes to penny stocks, there’s a lot of misinformation out there. A lot of people think that these stocks are only worth buying if they’re dirt cheap, and that’s simply not the case. [Read More] 3 Pe...
Summary SeaBank has a very strong self-financing model to grow its business. SeaBank Indonesia is growing its deposits and loans very quickly, resulting in net profitability in FY22. I strongly believe SeaMoney can be a growth driver for Sea Limited in the future. My estim...
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NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB, the “Company” or “Grab”), plans to announce its unaudited second quarter 2024 results before the U.S. market opens on August 15, 2024. The Company’s management will hold a con...