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GRAB News Highlights
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Latest GRAB News From Around the Web
Below are the latest news stories about GRAB HOLDINGS LTD that investors may wish to consider to help them evaluate GRAB as an investment opportunity.
US Penny Stocks To Watch In December 2024As the United States stock market experiences a boost from the Santa Claus Rally, with major indices like the Nasdaq Composite and S&P 500 showing gains, investors are turning their attention to various opportunities. Penny stocks, a term that may seem outdated but remains relevant, often refer to smaller or newer companies offering potential growth at an affordable price point. In this article, we explore several penny stocks that stand out for their financial strength and potential value in... |
Grab Holdings Limited's (NASDAQ:GRAB) Profit OutlookWith the business potentially at an important milestone, we thought we'd take a closer look at Grab Holdings Limited's... |
Superapp Grab Selects AWS as its Preferred Cloud Provider to Drive Technology Innovation and GrowthLAS VEGAS, December 04, 2024--At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and Grab, Southeast Asia’s leading superapp (NASDAQ: GRAB), announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while continuing to improve its operational efficiencies and reduce IT infr |
US Penny Stocks To Watch In November 2024As the U.S. equities market rebounds, with the S&P 500 and Nasdaq recovering portions of last week's losses, investors are keeping a keen eye on potential opportunities within various sectors. Penny stocks, while often considered a throwback to earlier trading days, continue to attract attention for their potential upside in today's market environment. These smaller or newer companies can offer significant growth prospects when backed by strong financials, providing investors with a chance to... |
Grab Holdings Third Quarter 2024 Earnings: Beats ExpectationsGrab Holdings ( NASDAQ:GRAB ) Third Quarter 2024 Results Key Financial Results Revenue: US$716.0m (up 16% from 3Q... |
US November 2024's Estimated Discounted Stocks For Value InvestorsAs the U.S. stock market rides a wave of optimism, fueled by recent election results and interest rate cuts, major indices like the S&P 500 have reached unprecedented highs. In this environment, identifying undervalued stocks becomes crucial for value investors looking to capitalize on potential discrepancies between a company's intrinsic worth and its current market price. |
Trending tickers: Coinbase, Tesla, AstraZeneca, Metro Bank and SoftBankThe latest investor updates on stocks that are trending on Tuesday. |
Grab Raises Revenue Forecast After Profit BeatU.S.-listed shares of Grab shot up 12% in after-hours trading after the company lifted its annual revenue growth forecast to 17%-18% from 14%-17%. The Singapore-based company on Tuesday reported a net profit of $15 million for the third quarter, compared with a $99 million loss a year earlier. In a note, Citi Research analysts said that continued operating efficiency helped Grab improve its profitability, with the latest quarter’s net profit surpassing consensus estimates. |
Grab Reports Third Quarter 2024 ResultsRevenue grew 17% year-over-year, or 20% on a constant currency basis to $716 millionOn-Demand GMV grew 15% year-over-year, or 18% on a constant currency basis to $4.7 billionProfit for the quarter was positive at $15 millionAdjusted EBITDA improved by $62 million year-over-year to an all-time high of $90 millionOperating Cash Flow of $338 million in the third quarter, and Adjusted Free Cash Flow of $76 million on a trailing 12-month basis SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Grab Holding |
Are Investors Undervaluing Grab Holdings Limited (NASDAQ:GRAB) By 29%?Key Insights The projected fair value for Grab Holdings is US$5.98 based on 2 Stage Free Cash Flow to Equity Grab... |