"Grab's recent results reflect

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sunshineboy
2022-12-01

"Grab's recent results reflect a quickening pace moving along the path to profitability with a more disciplined approach to incentives and cost controls. We have some concerns over its digibank rollout" - Angus Mackintosh (CrossASEAN Research)

Key Points:
* Grab's recent results reflect a change of pace in terms of moving along the path to profitability with a more disciplined approach to incentives and a focus on cost controls.
* Deliveries segment adjusted EBITDA turned positive for the first time, 3Qs ahead of previous guidance, and food 2Qs ahead of guidance both of which are positives.
* A continuing drag will likely continue to come from expenses related to the buildout of its three digibanks. Grab's headline EBITDA is not forecast to be positive until 2025.

Good sign to buy!!! 😍😍😍

$Grab Holdings(GRAB)$

# US Stocks Opportunities

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Dragonroar
·2022-12-01
oh woah that's something
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Volton
·2022-12-04
K
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StockRookie
·2022-12-02
👍🙏
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dancingbook
·2022-12-02
k
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Goondu
·2022-12-02
ok
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raybcs
·2022-12-02
Ok
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JY_02222
·2022-12-02
Lolya
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Shandon
·2022-12-02
ok
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kimC
·2022-12-02
good luck
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Beng14
·2022-12-02
Great
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YaocH
·2022-12-02
A
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Jinhan14
·2022-12-02
hi
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bullrun
·2022-12-02
👌
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ChiaZY
·2022-12-01
Ok
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MickeyLiew
·2022-12-01
yes
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SKH0807
·2022-12-01
Go
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Jackyjw
·2022-12-01
Noce
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GlennG1
·2022-12-01
👍
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1
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KwLau
·2022-12-01
true
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Yx tan
·2022-12-01
Yes
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