Grab's Ride Hailing and Delivery Segment May Grow Sequentially in 4Q -- Market Talk

Dow Jones01-14

0631 GMT - Grab's gross merchandise value and revenue for the on-demand division--combining its ride-hailing and delivery segments--is expected to grow sequentially in 4Q, while its Ebitda margin narrows, say Citi analysts led by Alicia Yap in a note. The Singapore-based technology company's digital financial services segment could post a higher loss before interest, taxation, depreciation, and amortization in 4Q given higher provisions, they add. Grab's overall Ebitda is therefore likely to be around the low-end of the company's guidance range at US$490 million, Citi says. The bank slightly trims its 4Q revenue and adjusted net profit estimates by 0.2% and 2.1%, respectively. Citi maintains its buy rating and US$7.20 target price on the ADRs. The ADRs closed 2.0% lower at US$4.79. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

January 14, 2026 01:31 ET (06:31 GMT)

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The Singapore-based technology company's digital financial services segment could post a higher loss before interest, taxation, depreciation, and amortization in 4Q given higher provisions, they add. Grab's overall Ebitda is therefore likely to be around the low-end of the company's guidance range at US$490 million, Citi says. The bank slightly trims its 4Q revenue and adjusted net profit estimates by 0.2% and 2.1%, respectively. Citi maintains its buy rating and US$7.20 target price on the ADRs. The ADRs closed 2.0% lower at US$4.79. 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The Singapore-based technology company's digital financial services segment could post a higher loss before interest, taxation, depreciation, and amortization in 4Q given higher provisions, they add. Grab's overall Ebitda is therefore likely to be around the low-end of the company's guidance range at US$490 million, Citi says. The bank slightly trims its 4Q revenue and adjusted net profit estimates by 0.2% and 2.1%, respectively. Citi maintains its buy rating and US$7.20 target price on the ADRs. The ADRs closed 2.0% lower at US$4.79. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 14, 2026 01:31 ET (06:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4122","symbol_name":"互联网与直销零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2603424664","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603424664","pubTimestamp":1768372260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0631 GMT - Grab's gross merchandise value and revenue for the on-demand division--combining its ride-hailing and delivery segments--is expected to grow sequentially in 4Q, while its Ebitda margin narrows, say Citi analysts led by Alicia Yap in a note. 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The Singapore-based technology company's digital financial services segment could post a higher loss before interest, taxation, depreciation, and amortization in 4Q given higher provisions, they add. Grab's overall Ebitda is therefore likely to be around the low-end of the company's guidance range at US$490 million, Citi says. The bank slightly trims its 4Q revenue and adjusted net profit estimates by 0.2% and 2.1%, respectively. Citi maintains its buy rating and US$7.20 target price on the ADRs. The ADRs closed 2.0% lower at US$4.79. 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