Grab (NASDAQ:GRAB) stock analysis
Taylor Swift will play a total of six shows at the National Stadium between 2-9 March 2024, with over 300,000 tickets sold in total after being brought to Singapore by a team of government officials working with concert promoter Anschtuz Entertainment Group. According to economists’ estimates, Swift’s six sold-out shows are expected to generate up … Read more
As the world cautiously emerged from the pandemic, hopes were set high for sectors such as mobility, travel, leisure, and hospitality. Any sector that was suppressed due to pandemic restrictions was seen as “hot” since late 2022, and for a while, such stocks did well, with companies like Royal Caribbean delivering investors a 6x return … Read more
Grab investors had another dramatic trading week. Despite their better-than-expected results last Thursday, Grab immediately sold off and closed 13% lower than the week prior. I’ve narrow the cause of this sell-off to 1 key problem from Grab’s Group First Quarter 2023 Key Operational and Financial Highlights. Here’s why Grab experienced a sell-off. (Read till … Read more
PT GoTo Gojek Tokopedia Tbk (IDX: GOTO), more commonly known as GoTo, is Indonesia’s version of Grab Holdings Ltd (NASDAQ: GRAB) and Shopee by Sea Ltd (NYSE: SE). GoTo is the merged entity of Gojek and Tokopedia. Gojek is the on-demand multi-service platform and digital payment technology group, while Tokopedia is the e-commerce company. Now … Read more
Grab released their earnings yesterday. It seems 2022 had been a good year for the business, although I can’t say the same for shareholders (-52.7% in 2022). What’s the future for Grab and is there any good news for shareholders? Let’s take a look. Key Results: Still in losses, but the net losses is narrowing … Read more