How is grab valued?

How is grab valued? Market cap: $13.39 Billion As of October 2023 Grab Holdings has a market cap of $13.39 Billion. This makes Grab Holdings the world's 1171th most valuable company by market cap according to our data.

What is the grab economy?

GrabTaxi introduces GrabCar Economy, an affordable complement to taxis to ease your everyday commute. With new affordable pricing and an exponential growth in GrabCar supply since its launch last year, GrabCar will help commuters get around easily.

What countries use Grab?

Serving over 500 cities in eight Southeast Asian countries - Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam - Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and ...

Is Grab still not profitable?

Grab is largely unprofitable, amassing billions of dollars in losses since its inception. But on Wednesday, Grab pushed forward its breakeven target to the third quarter. It previously forecast it would hit break even in the fourth quarter. For 2023, Grab expects revenue between $2.2 billion and $2.3 billion.

Is Grab still in debt?

Grab Holdings Long Term Debt 2020-2023 | GRAB Grab Holdings long term debt for the quarter ending June 30, 2023 was $0.658B, a 67.34% decline year-over-year. Grab Holdings long term debt for 2022 was $1.248B, a 38.55% decline from 2021. Grab Holdings long term debt for 2021 was $2.031B, a 1729.73% increase from 2020.

What is the profit revenue of Grab?

Grab Holdings revenue for the twelve months ending June 30, 2023 was $1.976B, a 138.36% increase year-over-year. Grab Holdings annual revenue for 2022 was $1.433B, a 112.3% increase from 2021. Grab Holdings annual revenue for 2021 was $0.675B, a 43.92% increase from 2020.

Who are grabs biggest competitors?

Grab's top competitors include Delhivery, Gojek, and DoorDash. Delhivery (NSE: DELHIVERY) is an e-commerce enablement company. It offers logistics solutions to e-commerce partners, including last-mile delivery, warehousing, reverse…

Is Grab being sued?

A class action lawsuit has been filed on behalf of those who purchased or acquired Grab Holdings Limited (“Grab”) (NASDAQ: GRAB; GRABW) securities between August 2, 2021 and March 3, 2022, inclusive (the “Class Period”).

Is Grab a monopoly or oligopoly?

Uber's exit from the region means that Grab is the largest ride-hailing company in the region, effectively giving them a monopoly. A company with a monopoly has great powers – more often than not, at the detriment of consumers.

What is Grab competitive advantage?

Grab realized the trends in SEA. (1) Time efficiency due to heavy traffic jam, (2) low price, and (3) comfort and convenience are the three components that can lure customers and retain their customers in the long run. Grab created their competitive advantage by lowering the cost of production (service).

What is grab business model?

Grab is a digital aggregator that connects users and service providers. Grab was first founded as an on-demand cab business. The app connects the drivers and passengers within an app. As the users spend, Grab will obtain their percentage of the profit besides the expenditure of the trip and driver's fees.

Why is Grab not doing well?

The company's user growth also slowed as competition in Southeast Asia's ride-hailing and delivery markets intensified, with the contenders luring customers with promotions and lower prices. Grab also has been slower to reduce expenses than regional competitors — as Singapore's Sea Ltd.

Who is the biggest shareholder of Grab?

SoftBank remains Grab's largest shareholder, with a 19% stake, and its founder, who is widely called Masa, expresses confidence in Tan. “Masa respects Anthony's leadership and believes in the bright future of Grab,” SoftBank said in a statement.

Why is Grab struggling?

Grab struggles to reach profitability due to a decrease in customer spending as interest rates and inflation soar.

Does Grab have a future?

In 2022, small merchants on Grab saw a 26% increase in average monthly earnings after a year on the platform. Still, despite boasting over 32 million monthly users and expecting revenue of $2.2 billion in 2023, Grab has yet to turn a profit, with Tan expecting to finally break even by year's end.