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Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.
Grab Holdings Limited - Class A trades on the NASDAQ stock market under the symbol GRAB.
As of February 3, 2025, GRAB stock price declined to $4.53 with 8,312,793 million shares trading.
GRAB has a beta of 0.24, meaning it tends to be less sensitive to market movements. GRAB has a correlation of 0.01 to the broad based SPY ETF.
GRAB has a market cap of $18.24 billion. This is considered a Large Cap stock.
Last quarter Grab Holdings Limited - Class A reported $716 million in Revenue and $.01 earnings per share. This beat revenue expectation by $24 million and exceeded earnings estimates by $.02.
In the last 3 years, GRAB traded as high as $6.61 and as low as $2.19.
The top ETF exchange traded funds that GRAB belongs to (by Net Assets): IEFA, EFA, EWS, EFG, IXUS.
GRAB has outperformed the market in the last year with a price return of +47.6% while the SPY ETF gained +25.4%. GRAB has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +11.0% and +0.7%, respectively, while the SPY returned +5.6% and +0.2%, respectively.
GRAB support price is $4.46 and resistance is $4.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GRAB shares will trade within this expected range on the day.