$Grab Holdings(GRAB)$ 

Grab Holdings' profitability prospects look stronger, based on its 3Q results, Maybank Research analyst Kelvin Tan says in a note. Grab raised its 2022 revenue guidance to $1.32 billion-$1.35 billion and improved its 2022 adjusted Ebitda guidance to a $315 million loss, the analyst notes.


This improvement has been achieved via its optimization of incentives and its execution of the company's superapp ecosystem, the analyst adds. Maybank upgrades the stock to hold from sell and raises the target price to $3.40 from $2.83.

# Will Grab slide more with focus on ride-hailing services?

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  • d72dka333
    ·2022-11-23
    Why call it Grab Holdings? When you grab, you're also holding, no?
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  • AncientDemon
    ·2022-11-22
    lol good if u have money to throw in seas
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  • pete13
    ·2022-11-22
    Thanks
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  • Tigger88
    ·2022-11-22
    K
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  • tseechu1
    ·2022-11-22
    ok
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  • jat
    ·2022-11-22
    [Like]
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  • tomomeow
    ·2022-11-22
    [Thinking]
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  • Smallbee
    ·2022-11-22
    Ok
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  • ericbie
    ·2022-11-22
    [smile]
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  • IsleofSkye
    ·2022-11-22
    Thks
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  • LovelyGoals3
    ·2022-11-22
    Ok
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