Grab Holdings Limited operates the Grab superapp across Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Its platform offers services including GrabFood for food ordering and delivery, GrabMart for goods delivery, GrabExpress for package delivery, GrabCar and GrabTaxi for ride-hailing, and GrabPay for digital payments. The company also provides financial services such as GrabFin, GrabInsure, and digital banking products. Founded in 2012, Grab Holdings Limited is headquartered in Singapore.
Grab lifts outlook, expands fintech with Atome, and accelerates buybacks
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Grab raises full-year profit and revenue outlook Grab lifted its 2026 revenue and profit forecasts after record second-quarter results, with revenue up 22% and adjusted EBITDA up 54%. Strong Southeast Asian travel and transport demand is driving the upgrade, which signals the core business is growing faster than expected and supports a higher stock price.
This is the core fundamental upgrade that directly improves earnings expectations and investor confidence.
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Grab to buy 60% of Atome Financial for $1.49B Grab agreed to acquire a controlling 60% stake in Atome Financial for $1.49 billion, expanding its digital lending and buy-now-pay-later business across Southeast Asia. The deal adds 25 million users and deepens Grab's fintech reach, which could boost future revenue and profits, though it uses cash and carries integration risk.
This is a major new acquisition that expands Grab's financial services segment and long-term growth potential.
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Grab to complete $900 million buyback within 12 months Grab plans to finish the remaining $900 million of its share repurchase programs over the next year, funded from $7.4 billion in cash. Buybacks reduce the number of shares outstanding, which can lift earnings per share and signal management's confidence, supporting the stock price.
This is a concrete capital return commitment that directly affects share count and investor sentiment.
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Analysts see 58% upside despite stock near 52-week low All 26 analysts rate Grab a Buy with an average target of $5.86, implying 58% upside from around $3.70. The stock is down over 26% this year, but the fintech loan book surged 197% to $2.3 billion and management targets segment profitability in the second half of 2026, suggesting the selloff may be overdone.
This highlights the disconnect between strong fundamentals and depressed valuation, a key driver for potential re-rating.
Q3 2026
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Grab's fintech surge and Atome deal offset by insider share sale
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Fintech growth and record results Grab's fintech arm scaled rapidly: Superbank passed 6 million customers, loans jumped 130%, and record Q2 results led management to raise full-year 2026 guidance. Fintech is nearing breakeven in the second half.
This shows the core business improving and directly boosting investor confidence.
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Atome acquisition and buyback Grab agreed to pay $1.49 billion for 60% of Atome, adding 25 million users, and announced a $900 million buyback backed by $7.4 billion in cash. Analysts are bullish, with all 26 rating Buy and a $5.86 target.
These moves expand Grab's reach and return cash to shareholders, supporting the stock.
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Atome integration risk and cash use The Atome deal uses a large chunk of cash and carries integration risk, which could distract management or fail to deliver expected synergies. This tempers the positive impact of the acquisition.
It is a real counterweight that could hurt future results if integration stumbles.
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CEO share sale and stock decline CEO Anthony Tan sold 93% of his direct shares, though under a pre-arranged plan, which may signal weak insider confidence. The stock remains down over 26% this year despite improving fundamentals.
Insider selling and the weak share price are key negatives weighing on sentiment.
News & notes movingGRAB
Singapore
Digital Finance & Tokenization▲impact 4
Grab Holdings Posts Record Q2 Revenue of $997 Million, Raises 2026 Guidance
Grab Holdings Limited reported record second-quarter results, with revenue rising 22% year-over-year to $997 million and On-Demand gross merchandise volume up 21% to $6.5 billion. Monthly transacting users increased 17% to 53.9 million, adjusted EBITDA climbed 54% to $168 million with margin expanding to 16.9% from 13.3%, and operating profit rose to $19 million from $7 million. Management raised its full-year 2026 guidance to revenue of $4.1 billion to $4.15 billion and adjusted EBITDA of $720 million to $740 million, and authorized another $750 million share repurchase program, bringing cumulative repurchase authorization since 2024 to $1.75 billion. Financial Services revenue grew 59% to $134 million while its gross loan portfolio reached $2.3 billion, up 197%, though the segment posted negative adjusted EBITDA of $15 million, and total incentives reached $706 million in the quarter. On September 15, the company agreed to acquire a 60% controlling stake in Atome Financial for $1.49 billion in cash, with the deal expected to close by the third quarter of 2027, and it raised its 2028 targets to $1.7 billion in adjusted EBITDA and more than 30% annual revenue growth from 2025 to 2028.
Grab reports 75% growth in ride bookings by Chinese tourists, with Song Wat and Khlong Bang Luang surging 10-fold
Ride bookings by Chinese tourists on the Grab platform grew more than 75% in the first nine months of 2026 compared with the same period a year earlier, after Chinese travellers reclaimed their position as Thailand's number one source of foreign tourists, with more than 3.82 million Chinese visitors arriving in the country between 1 January and 26 September 2026. Panomkorn Chirasathianpong, Senior Vice President of Marketing at Grab Thailand, said the trend of travelling in line with social media, especially on the Xiaohongshu platform, where searches for Thai travel keywords exceeded 13 million, was the main factor driving growth. The Song Wat area saw round-trip ride bookings rise 10-fold, while Khlong Bang Luang floating market jumped more than 12-fold. Chiang Rai took the top spot as the most popular secondary city among Chinese visitors, and Lamphun province saw ride bookings grow more than 4-fold. Meanwhile, Banthat Thong Road came back to life, pushing trips up 3-fold. Mango sticky rice remained the number one favourite dessert, with orders through GrabFood rising more than 50%. For the Golden Week period from 1 to 7 October 2026, ride bookings are normally about 90% higher than in ordinary periods. Grab has joined hands with the Tourism Authority of Thailand to press ahead with the Grab Grand Golden Week campaign under the Nihao Month 2026 project, covering the use of influencers on Xiaohongshu, additional safety features, driver services able to communicate in Chinese, and Chinese-language pickup and drop-off signs in popular tourist areas, as well as booth activities and a parade in the Banthat Thong, Yaowarat and ICONSIAM areas.
GRAB · Demand · Positive Grab's ride bookings by Chinese tourists grew over 75% in the first nine months of 2026, with GrabFood mango sticky rice orders up over 50%, reflecting concrete end-customer demand for its services.
Waymo to Launch Robotaxi Service in Singapore by 2028
Alphabet's Waymo will launch an autonomous, all-electric ride-hailing service in Singapore by 2028, marking the company's first entry into Southeast Asia, according to Reuters. An initial fleet of Jaguar I-PACE vehicles will arrive in the coming months, with trained specialists conducting manual driving through 2027 to train the Waymo Driver on local road geometry and monsoon weather before a planned public launch in 2028. Waymo is working directly with Singapore's Ministry of Transport and Land Transport Authority, and Transport Minister Jeffrey Siow publicly welcomed the company's entry. Waymo has completed more than 20 million fully autonomous rides, operates more than 500,000 weekly trips and raised $16 billion at a $126 billion valuation in February 2026. The company has not disclosed its expected fleet size, operating area, pricing or revenue opportunity, and competitors including Grab, WeRide, Pony.ai and ComfortDelGro have already begun establishing local operations.
GOOG · Demand · Positive Waymo (Alphabet) expands its robotaxi service into Singapore by 2028, its first Southeast Asia market, adding new end-customer demand for its ride-hailing product.
GRAB · Competition · Negative Waymo's entry into Singapore threatens Grab's ride-hailing dominance as a new autonomous competitor in its home market.
0800.HK · Competition · Negative Waymo's Singapore launch intensifies robotaxi competition against WeRide, which has already begun establishing local operations.
2026.HK · Competition · Negative Waymo's Singapore robotaxi entry adds a major rival to Pony.ai, which has already begun local operations there.
Waymo to launch robotaxis in Singapore by 2028, its first Southeast Asia market
Waymo announced on Sept. 18 that it plans to launch robotaxi service in Singapore by 2028, marking its first entry into Southeast Asia and following just days after the company revealed plans to enter its first Asian market, Japan. Waymo's all-electric Jaguar I-PACE vehicles are set to arrive in Singapore in the coming months and undergo a training phase in 2027, when autonomous specialists will conduct initial manual driving to train the vehicles on local roads and weather patterns. Singapore transport minister Jeffrey Siow said the city-state has been preparing for driverless autonomous vehicles for more than a decade, and noted that Singapore has over 70,000 taxi and private-hire car drivers compared with only around 20 AVs on its roads today. Singapore is already one of the world's most crowded AV markets, with Chinese robotaxi firms WeRide and Pony AI having announced partnerships with Grab and ComfortDelGro last September and both operators running autonomous shuttle services in the Punggol district. Waymo's Japan service, in partnership with taxi app operator GO and taxi company Nihon Kotsu, is set to go live in 2027, while Uber, Nissan and UK startup Wayve plan a pilot robotaxi program in Tokyo in late 2026.
Robotics & Physical AI › Robotaxi Operators & Platforms ▲Competition
Robotics & Physical AI › Autonomous Vehicles & Robotaxi ▲Competition
GOOG · Technology · Positive Waymo (Alphabet) expands its robotaxi service into Singapore by 2028, its first Southeast Asia market, advancing its autonomous driving business.
0800.HK · Competition · Neutral WeRide is cited as an existing robotaxi operator in Singapore via a Grab partnership, so Waymo's entry adds competition but no direct financial impact is given.
2026.HK · Competition · Neutral Pony AI is named as a rival robotaxi operator already running services in Singapore, with Waymo's arrival adding competitive pressure but no concrete effect stated.
GRAB · Competition · Neutral Grab is mentioned as a partner of rival robotaxi firms WeRide and Pony AI, but Waymo's Singapore entry is not stated to directly affect Grab.
Grab to Complete $900 Million Share Buyback Within 12 Months
Grab Holdings Limited announced plans to complete the remaining approximately $900 million of its authorized share repurchase programs over the next 12 months, subject to market conditions and the trading price of its Class A ordinary shares. Full completion would bring Grab's cumulative repurchases since its first buyback program launched in 2024 to a total of almost $1.75 billion. The repurchases will be funded from existing cash reserves, with gross cash liquidity of $7.4 billion and net cash liquidity of $5.4 billion as of June 30, 2026. Chief financial officer Peter Oey said the company's conviction has strengthened, not softened, and that progress toward its 2028 targets gives it the visibility to commit capital at this scale. Grab currently carries a Zacks Rank #3 (Hold).
Grab to buy 60% stake in Atome Financial for $1.49bn
Grab has signed definitive agreements with Atome Financial, Advance Intelligence Group and other parties to acquire a controlling 60% stake in Atome Financial for $1.49bn in cash. The deal would fold Atome Financial's buy now, pay later loans, consumer cash loans, BNPL cards and digital lending into Grab's financial services unit, which spans payments, digital banks, partner lending, insurance and consumer lending. Atome Financial operates in Singapore, Malaysia, the Philippines, Indonesia and Thailand and has 25 million cumulative transacted users, while Grab reaches nearly 54 million Monthly Transacting Users and Atome Financial's network covers more than 30,000 brands. Grab said the $1.49 billion cash consideration includes $0.26bn in primary growth capital as Phase 1, and the transaction is due to close by the third quarter of 2027, subject to regulatory approvals and other customary closing conditions. After completion, Grab will consolidate Atome Financial into its Financial Services segment, with Atome Financial's management team remaining in place to oversee the business.
Digital Finance & Tokenization › Digital Lending & Alt-Credit Platforms Competition
Digital Finance & Tokenization › Digital Banking & Neobanks Competition
GRAB · Capital · Positive Grab signs definitive agreements to acquire a controlling 60% stake in Atome Financial for $1.49bn in cash, folding its BNPL and digital lending into Grab's Financial Services segment.
Advance Intelligence Group · Capital · Neutral Advance Intelligence Group is a party to the agreements selling a controlling 60% stake in Atome Financial to Grab, but the article does not specify its exact role or proceeds.
GE Aerospace to Buy Consolidated Precision Products for $11.75 Billion
GE Aerospace said Tuesday it agreed to acquire Consolidated Precision Products for $11.75 billion, expanding its control over the supply of specialized castings used in commercial aircraft engines, military equipment and industrial gas turbines. The deal headlines a busy week of M&A across sectors. Copart agreed to acquire ACV Auctions for $10.50 a share in cash, an implied equity value of about $1.9 billion, while Analog Devices will acquire Alif Semiconductor in an all-cash transaction for $1.35 billion. Bending Spoons agreed to acquire collaborative-workspace company Miro at an enterprise value of $1.355 billion in an all-cash deal expected to close in the fourth quarter of 2026. Tamarack Valley Energy agreed to acquire Headwater Exploration in an all-stock deal valued at C$10B, about US$7.25B, creating the largest publicly traded oil producer focused on Alberta's Clearwater formation, and EverBank Financial agreed to acquire Pacific Northwest bank WaFd in a $3.9B reverse merger creating a regional bank with about $75B in assets. Meta Platforms purchased Swedish AI startup Stilla.ai, Apple acquired Sonera Magnetics in a deal disclosed by the European Commission, Grab Holdings is said to be in talks for a majority stake in Atome Financial, and ARC Group Acquisition I agreed to acquire Malaysian licensed financing company Firstborn Top Capital.
Semiconductors › Analog, Power & Discrete Competition
Artificial Intelligence › Edge & On-device AI Silicon Technology
BSP · Capital · Positive Bending Spoons agreed to acquire collaborative-workspace company Miro at an enterprise value of $1.355 billion.
GE · Capital · Positive GE Aerospace agreed to acquire Consolidated Precision Products for $11.75 billion, expanding control over specialized castings supply.
Alif Semiconductor, Inc. · Capital · Positive Analog Devices will acquire Alif Semiconductor in an all-cash transaction for $1.35 billion.
Bending Spoons · Capital · Positive Bending Spoons agreed to acquire collaborative-workspace company Miro at an enterprise value of $1.355 billion.
Consolidated Precision Products · Capital · Positive GE Aerospace agreed to acquire Consolidated Precision Products for $11.75 billion.
EverBank Financial Corp · Capital · Positive EverBank Financial agreed to acquire WaFd in a $3.9B reverse merger creating a ~$75B-asset regional bank.
Grab Posts 22% Revenue Growth as Uber's 12% Rise Lags on Model Changes
Grab reported 22% revenue growth and 54% EBITDA expansion in the second quarter, outpacing Uber, whose 12% reported growth was dragged down by business model changes. Grab's fintech loan book surged 197% to $2.3 billion, and analysts lifted their FY2026 EPS estimate for Grab to $0.1338 from $0.0836 in just 30 days. Grab shares sit 40% below year-to-date highs, down 39.68%, versus an 11.22% decline for Uber, which carries a roughly $148.17 billion market cap against Grab's approximately $11.96 billion. Grab authorized a new $750 million buyback, while Uber repurchased $518 million in the quarter and is funding $10 billion in autonomous-vehicle investments plus roughly $4 billion deployed toward Delivery Hero shares. Grab's quarter included a $307 million one-time gain from remeasuring Superbank, which reached 7.4 million customers, and management guided the fintech loan book above $3 billion by year end.
Digital Finance & Tokenization › Digital Lending & Alt-Credit Platforms ▲Demand
GRAB · Capital · Positive Grab posted 22% revenue growth, 54% EBITDA expansion, and authorized a new $750 million buyback.
GRAB · Demand · Positive Grab's fintech loan book surged 197% to $2.3 billion with guidance above $3 billion by year end.
UBER · Capital · Negative Uber's 12% reported growth lagged Grab's 22%, dragged down by business model changes.
PT Super Bank Indonesia Tbk · Demand · Positive Superbank reached 7.4 million customers and contributed a $307 million one-time remeasurement gain to Grab's quarter.
Grab drivers in Vietnam plan 2-day strike over commissions as high as 50%
Grab drivers in Vietnam are preparing to stop accepting rides for two days this weekend to protest the ride-hailing platform's commission rate, which drivers see as too high. Some say Grab takes as much as 50% of the fare, and combined with rising fuel prices and vehicle maintenance costs, this has sharply reduced drivers' net income. A group of drivers in Da Nang said on Facebook that the work stoppage aims to make drivers' voices and concerns heard, and called on Grab to adjust its commission rate to better support gig economy workers, set policies transparently, and let drivers take part in discussions about measures that affect their work and earnings. Grab has previously faced complaints about driver income in Indonesia, its largest market in Southeast Asia, where Grab and GoTo Group agreed to cut commissions for two-wheeled ride-hailing services from 20% to 8%, effective July 1, after the Indonesian government set a commission cap to help boost driver earnings. In Vietnam, about 800,000 people drive for ride-hailing platforms, with average take-home income of about 9 million dong a month, or roughly 347 dollars, even though they work about 8 to 13 hours a day, according to state media reports. Meanwhile, Green & Smart Mobility JSC, a major competitor to Grab in Vietnam, uses a different employment model, offering drivers employment contracts, a base salary, sales commissions, bonuses, and social insurance, according to the company's website. The move reflects growing pressure on the ride-hailing platform business model in the region, as drivers' operating costs rise while commission rates, income, and welfare for platform workers draw increasing attention in several Southeast Asian countries.
GRAB · Regulation · Negative Grab drivers in Vietnam plan a 2-day strike over commission rates as high as 50%, pressuring the platform's business model.
GoTo Group (Indonesia) · Regulation · Positive GoTo/Grab agreed to cut Indonesian two-wheeled ride-hailing commissions from 20% to 8% after a government cap, easing driver-cost pressure.
Green and Smart Mobility JSC (GSM) · Competition · Positive GSM's employment-contract model with base salary and benefits is highlighted as a contrast to Grab amid driver unrest.
Grab expands Quick Cash loan limit to 30,000 baht, targets upcountry in Q3 2026
Grab has announced the expansion of its Quick Cash loan service to upcountry areas in the third quarter of 2026, increasing the maximum loan amount to 30,000 baht and extending the maximum repayment period to 9 months. The service, which has been available in Bangkok and its vicinity for four months, has received a positive response. Mr. Phuruchart Ongsri, Assistant Managing Director of Financial Services at Grab Thailand, stated that the service targets individuals seeking capital for their livelihoods. It was piloted in April with a maximum loan of 20,000 baht and a maximum repayment period of 6 months. Key features include easy application, no paperwork, fast approval, and a fully app-based process. The expansion will cover major cities such as Chonburi, Khon Kaen, and Chiang Mai. User data shows that over 60% of borrowers are working-age individuals aged 30-45, and more than 80% choose not to borrow the full amount, borrowing on average only 70% of the offered limit. Nearly 70% opt for repayment periods of 5-6 months, reflecting that users consider their repayment capacity.
GRAB · Demand · Positive Expansion of Quick Cash loan service to upcountry areas and higher loan limits indicates growing demand for Grab's financial services.
Grab expands personal loans with maximum limit of 30,000 baht, repayable over 9 months
Grab is preparing to expand its personal cash loan service (Grab Quick Cash) to upcountry areas, while increasing the maximum loan limit to 30,000 baht and extending the maximum repayment period to 9 months. After four months of operation in Bangkok and its vicinity, the service has received a positive response, with over 80% of users borrowing only 70% of their approved limit. The 'Debt Bear' group (aged 30-45) accounts for the largest share of users at over 60%. Mr. Phurush Aongsri, Assistant Managing Director of Financial Services at Grab Thailand, stated that the service expansion will begin in the third quarter, focusing on major provincial cities such as Chonburi, Khon Kaen, and Chiang Mai, to increase Thai people's access to digital loans.
Digital Finance & Tokenization › Digital Lending & Alt-Credit Platforms ▲Demand
GRAB · Demand · Positive Grab expands its personal loan service to upcountry areas and raises loan limits, indicating strong demand and growth in its financial services.
Grab expands personal loans nationwide, maximum limit 30,000 baht, installment up to 9 months
Grab Thailand is preparing to expand its cash loan service for individuals (Grab Quick Cash) to upcountry areas, while increasing the maximum loan limit to 30,000 baht and extending the maximum repayment period to 9 months in the third quarter, to increase Thai people's access to digital loans. After four months of service in Bangkok and its vicinity, it was found that over 80% of users borrowed only what they needed, with an average loan request of just 70% of the approved limit. The "bag carrier" group, or salaried workers aged 30-45, accounted for the largest share of users at over 60%. Mr. Phurush Aongsri, Assistant Managing Director of Financial Services at Grab Thailand, said the service began as a pilot in April with a maximum limit of 20,000 baht and a maximum repayment period of 6 months, and received a good response from urban users. The company will expand its target to major provincial cities such as Chonburi, Khon Kaen, and Chiang Mai, while doubling the loan limit and extending the repayment period to cater to the diverse behaviors of users.
Digital Finance & Tokenization › Digital Lending & Alt-Credit Platforms ▲Demand
GRAB · Demand · Positive Grab expands personal loan service nationwide, increasing loan limit and repayment period, indicating growing demand for its digital lending product.
Delivery Hero Raises 2026 Outlook as Q2 Growth Accelerates
Delivery Hero raised its 2026 outlook after second-quarter GMV growth accelerated to 11.3% like-for-like, now expecting 9%–11% GMV growth, 17%–19% revenue growth, adjusted EBITDA of €960 million–€1 billion, and free cash flow above €250 million. The company's "Everyday App" strategy is gaining traction, with Quick Commerce GMV up 32% and subscriptions representing 47% of group GMV. Dmart orders rose 39%, while higher-margin offerings such as subscriptions, advertising, and own delivery helped revenue outpace GMV growth. Uber's proposed €41.50-per-share takeover has board support, subject to review of the offer document and regulatory approvals. Delivery Hero also plans to sell operations in 14 countries to SSW Partners for about €1.4 billion and expects its Taiwan sale to Grab to close in the fourth quarter.
Grab Launches Group Ride: Car Sharing with 4 Stops, Saving Up to 40%
Grab Thailand has officially launched the Group Ride feature, supporting group travel with up to 4 pick-up and drop-off points. AI is used to plan routes and calculate per-person fares, helping users save up to 40%. Additionally, Grab EV services have been upgraded to offer fully electric vehicle rides, initially in Bangkok and major cities across Thailand. With Group Ride, the first user acts as the Host and shares a link for fellow travelers to specify their destinations. There are three payment options: Host pays for all, split equally, or split by distance. Discounts of 10-20% are available based on the number of pick-up and drop-off points, from now until December 31, 2026. Meanwhile, Grab EV offers a 15% discount, up to 100 baht, with the code GRABEV during the same period. Ms. Arisa Lorthongpaisan, Assistant Managing Director for Mobility and Driver Management at Grab Thailand, stated that over 60% of Gen Z and Millennials are willing to pay more for sustainability, and Grab EV Rides usage has increased by more than 35%, reflecting growing demand.
Grab Raises Full-Year Revenue and Profit Outlook on AI and Affordability Push
Grab Holdings raised its full-year revenue and profit forecasts on August 4, 2026, crediting AI investments and an aggressive affordability push for helping it grow despite rising fuel costs across Southeast Asia. The company now expects full-year revenue between $4.10 billion and $4.15 billion and EBITDA between $720 million and $740 million, while also announcing a new $750 million buyback. Second-quarter revenue rose 22% to $997 million, beating analyst estimates, and net income jumped to $252 million from $35 million a year earlier. CFO Peter Oey said AI has helped Grab ship products more than 30% faster and eliminate nearly 40,000 hours of sales inefficiencies, with the technology now embedded across operations. However, the company spent $706 million on customer and partner incentives in the quarter to maintain low prices, and faces regulatory headwinds including a cut to maximum commission rates in Indonesia.
Ekniti reveals 200 billion baht loan to focus on energy transition, ready to use Thai Travel Thailand Plus
Mr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, revealed that the remaining 200 billion baht from the 400 billion baht loan under the emergency decree will primarily focus on energy transition projects. This includes subsidies for installing rooftop solar panels, transitioning public transport to electric vehicles, and upgrading transmission lines and smart meters. State financial institutions such as Government Savings Bank and Government Housing Bank will assist with credit. As for the first 200 billion baht tranche, about 40 billion baht remains. The Prime Minister has instructed a careful and targeted assessment of the situation before using these funds, and has also approved their use for the Thai Travel Thailand Plus project, for which the Ministry of Tourism and Sports has requested a budget of 1.75 to 2 billion baht. Meanwhile, the Thai Help Thai Plus Phase 2 project still awaits evaluation before a decision on its extension. Mr. Ekniti also disclosed that during discussions with the CEO of Grab Holdings, the company expressed gratitude for its participation in the Thai Help Thai Plus project, which used AI systems to help increase sales for elderly merchants by over 68% and boost store revenues by 86%.
Energy Transition & Power Demand › Energy Storage & Grid Flexibility ▲Demand
GRAB · Demand · Positive Grab's participation in Thai Help Thai Plus project is mentioned, with AI boosting sales for merchants, indicating positive engagement.
Wall Street analysts see 58% upside for Grab despite stock near 52-week low
All 26 analysts covering Grab Holdings rate the stock a Buy with an average price target of $5.86, implying a 58% upside from its current price near $3.70, yet shares linger near their 52-week low of $3.18. The Southeast Asian super-app posted a 334% earnings beat in Q2 2026, but the surge was largely driven by a one-time $307 million remeasurement gain from consolidating Indonesian digital bank Superbank, and investors shrugged off the results. Financial Services revenue jumped 59% to $134 million, with the gross loan portfolio scaling to $2.3 billion, up 197% year over year, and management targets adjusted EBITDA profitability for the segment in the second half of 2026. The board authorized a fresh $750 million buyback on top of a prior $500 million program, while insider selling has been steady, including the CEO offloading 400,000 shares in July. The stock is down over 26% year to date, and the bull case hinges on operational leverage and the Financial Services segment reaching profitability, while the bear case points to persistent regulatory and FX risk in Southeast Asia.
Grab raises full-year profit and revenue outlook on strong Southeast Asian travel and transport demand
Grab Holdings has raised its profit and revenue forecasts for this year, now expecting adjusted earnings before interest, taxes, depreciation, and amortisation of 720 to 740 million US dollars and revenue of up to 4.15 billion US dollars, up from the previous top-end estimates of 720 million US dollars and 4.1 billion US dollars respectively. The upgrade reflects robust commuter demand in Southeast Asia, even as higher oil prices driven by Middle East tensions push up ride-hailing and delivery costs. In addition, Grab's board has approved an additional 750 million US dollar share buyback programme, amid fierce competition from rivals GoTo Group and Green & Smart Mobility JSC in key markets such as Indonesia and Vietnam.
Grab to Report Q2 Earnings Amid Mixed Expectations
Grab Holdings Limited is scheduled to report second-quarter 2026 results on August 3 after the market closes. The Zacks Consensus Estimate for earnings has remained flat at 1 cent per share over the past 60 days, matching the year-ago actuals, while the revenue estimate stands at $1 billion, implying a 22.3% increase from the second quarter of 2025. The company has a discouraging earnings surprise history, having underperformed the consensus in three of the trailing four quarters and met once, delivering an average miss of 75%. Analysts expect headwinds from geopolitical tensions, supply-chain disruptions, inflation, and fuel price volatility, but anticipate strength in the delivery business, with delivery revenue pegged at $536.3 million, up 22.2% year over year, alongside robust momentum in mobility and financial services, where revenue estimates are $338.21 million and $126.02 million, respectively. Grab's Earnings ESP of 0.00% and Zacks Rank of 3 do not conclusively predict an earnings beat.
Betagro Launches Dishdash, a Full-Service Delivery Kitchen to Help SMEs Expand with Low Costs
Betagro has launched a new business, Dishdash, a full-service standard delivery kitchen for small and medium-sized restaurant operators. The first kitchen is located in the Yen Akat area, one of the highest delivery order zones in Bangkok. Operators can use the service for a monthly fee, reducing investment burdens and kitchen management, with a professional team and a complete restaurant operating system. Current restaurant partners include Yong Seng Lee, Sukiyaki Boran, Tang Fu Mala, and Lan Por Neua Tom. Consumers can order via Grab, Lineman, and Shopeefood. There is also Dishdash Box, a premium snack and boxed meal service for corporate customers, starting at 69 baht.
BTG.BK · Demand · Positive Betagro launches Dishdash, a new business line offering delivery kitchen services to SMEs, expanding its revenue streams.
GRAB · Demand · Positive Dishdash partners with Grab for delivery orders, potentially increasing order volume on Grab's platform.
SE · Demand · Positive Dishdash partners with Shopeefood for delivery orders, potentially increasing order volume on Sea's platform.
LINE MAN Wongnai Company Limited · Demand · Positive Dishdash partners with Lineman for delivery orders, potentially increasing order volume on LINE MAN Wongnai's platform.
GRAB80 Eyes 323% Q2 Profit Surge, Broker Sets Target at 19.80 Baht per DR
Yuanta Securities expects GRAB80 to report a 323 percent jump in normalized profit for the second quarter of 2026 compared to the same period last year, with results due after the US market close on August 3. Key drivers include a low profit base in the prior year, improved margins in the core business, and the consolidation of Superbank starting in May after Grab raised its stake above 50 percent. Superbank, which launched its digital banking app in 2024, has rapidly expanded its customer base through the Grab app, pushing its total loan portfolio up 55 percent year on year as of April and net interest income up 84 percent year on year. This could make financial services a future growth driver, while core operations such as food delivery and Grab Taxi continue to perform well in Malaysia, Singapore, and Indonesia with clearly improving margins. The consensus target price stands at 19.80 baht per DR, implying a 62 percent upside from the current price.
Digital Finance & Tokenization › Digital Banking & Neobanks ▲Competition
GRAB · Capital · Positive Yuanta expects 323% normalized profit surge in Q2 2026, with target price implying 62% upside.
PT Super Bank Indonesia Tbk · Demand · Positive Superbank's loan portfolio up 55% YoY and net interest income up 84% YoY, driven by rapid customer base expansion via Grab app.
Grab CEO Anthony Tan Sells 400,000 Shares for $1.6 Million Under Pre-Arranged Trading Plan
Grab Holdings CEO Anthony Tan sold approximately 400,000 Class A Ordinary Shares for a total value of about $1.6 million at a weighted-average price of $3.91 per share on July 10, 2026. The transaction, executed under a Rule 10b5-1 trading plan adopted in November 2025, reduced his direct equity holdings by 93%, leaving him with 28,498 directly held shares. Tan retains a roughly 3.7% stake in Grab through Class B shares and holds majority voting power. Grab, a Southeast Asian super app with a market capitalization of $15.1 billion and trailing twelve-month revenue of $3.6 billion, reported a net income of $379 million and a one-year total return of negative 20% at the time of the sale.
Grab Falls as Uber CEO Exits Board Amid foodpanda Acquisition
Grab Holdings shares fell 1.28% to $3.85 after the company announced that Uber CEO Dara Khosrowshahi stepped down from its board. The departure is tied to Grab's ongoing acquisition of foodpanda from Delivery Hero, which Uber is also in the process of acquiring, creating a conflict of interest. Uber maintains its roughly 14% economic stake in Grab. Trading volume reached 73 million shares, about 35% above the three-month average.
Grab Holdings Sees Upward Earnings Revisions After Strong 2025 and Q1 2026 Profitability
Grab Holdings has drawn increased investor attention after analysts lifted earnings estimates for the current and next fiscal years, reflecting growing confidence in the company's profitability trajectory. The revisions follow Grab's reported net income of US$268 million for 2025 and US$136 million for the first quarter of 2026, alongside new fiscal 2026 revenue guidance of US$4.04 billion to US$4.10 billion. While the upgrades highlight optimism around the superapp's ability to convert regional scale into durable earnings, the investment narrative still hinges on balancing user growth with incentive spending. Some analysts remain cautious, with the most pessimistic estimates projecting earnings of about US$448.6 million by 2029 and shrinking margins, underscoring divergent views on risks such as rising AI infrastructure costs and regulatory limits on take rates.
Social media users on Reddit believe Grab Holdings has the potential to increase tenfold in value. Grab is Southeast Asia's dominant super-app, offering ride-hailing, food delivery, grocery delivery, and financial services across markets including Singapore, Indonesia, and Malaysia. The company recently expanded into Taiwan by acquiring Delivery Hero's Foodpanda Taiwan subsidiary for $600 million in cash, and it entered North America by purchasing the US-based digital investing platform Stash. In the first quarter of 2026, Grab's revenue rose 23.4% year-over-year, and full-year guidance points to revenue growth of about 20% to 22%.
Grab's Gross Loan Portfolio Surges 130% as Super-App Keeps Buying Back Stock
Grab Holdings reported a 130% year-over-year surge in its gross loan portfolio to $1.44 billion in the first quarter of 2026, fueling a fintech flywheel that is driving the Southeast Asian super-app toward sustained profitability. Financial Services revenue grew 43% to $107 million, total loans disbursed reached $1.1 billion, and customer deposits at GXS and GX Bank hit $1.63 billion, with CEO Anthony Tan stating the segment is on track for adjusted EBITDA breakeven in the second half of the year. The company posted its first full-year net profit of $200 million on $3.37 billion in revenue for fiscal 2025, while Q1 2026 adjusted EBITDA rose 46% to $154 million, marking the 17th consecutive quarter of growth. Grab deployed $400 million in buybacks during the quarter under a $500 million authorization, and 27 analysts rate the stock a Buy or Strong Buy with a consensus target of $5.97 and zero sell ratings. The stock trades at $3.45, down 31% year to date, as management reaffirmed full-year guidance of $4.04 billion to $4.10 billion in revenue and $700 million to $720 million in adjusted EBITDA.
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GRAB · Capital · Positive Grab reported strong Q1 2026 results with 130% loan portfolio growth, 46% adjusted EBITDA rise, and first full-year net profit, while continuing aggressive buybacks.
Five Niche-Leading Growth Stocks Down 28% to 54% Present a Once-in-a-Decade Buying Opportunity
The Motley Fool highlights five region-dominating growth stocks that have fallen 28% to 54% from their 52-week highs, calling the pullback a once-in-a-decade opportunity. MercadoLibre is 37% below its high, trading at 43 times earnings after sales rose 49% in its latest quarter, though logistics spending has pressured margins. Coupang is 46% below its high, trading at 0.9 times sales, as it recovers from a data leak that led to a 409 million dollar fine and a 1.2 billion dollar voucher program, with management noting 80% of lost memberships have been recouped. Sea Limited is 54% below its high, trading at 23 times forward earnings, with sales up 47% and VIP membership growing 40% to over 10 million customers, though margins dipped amid seller incentives. Grab Holdings is 46% below its high, trading at 38 times forward earnings, with sales up 24% and nearly 52 million users, but minimal profitability has weighed on the stock. Uber Technologies is 28% below its high, trading at 15 times free cash flow, as autonomous vehicle competition fears overshadow its 200 million monthly active customers and existing AV partnerships.
Grab to Consolidate Superbank After Raising Stake Above 50%
Grab Holdings is set to consolidate PT Super Bank Indonesia into its financial services segment on May 20, following a share transfer from Singtel to GXS Bank that lifts Grab’s direct and indirect shareholding above 50%. Superbank now serves more than 6 million customers and processes over 1 million daily transactions, having achieved its first full-year profit in fiscal 2025 with year-on-year asset growth of 72% and net interest income growth of 84% as of April. The consolidation aims to harness the Grab and OVO ecosystem for lower-cost distribution and data-powered credit underwriting, while integration with GXS Bank is expected to accelerate product innovation and expand financial inclusion in Indonesia.
MarketBeat Highlights Three Penny Stocks Under $5 With Real Revenue Growth
MarketBeat identifies three penny stocks trading below $5 that generate real revenue and have catalysts for future growth. Ur-Energy, a uranium miner using in situ recovery techniques, is expected to turn profitable in the second half of 2026 as its Shirley Basin project ramps up, with six analysts setting a consensus price target of $2.57. Grab Holdings operates a super app in Southeast Asia and has been profitable, but its stock is down over 20% in the last 12 months, though ten analysts see significant upside ahead. Aclaris Therapeutics has no assets beyond Phase 2 trials but receives licensing revenue from Eli Lilly and Sun Pharma, and eight analysts have a consensus price target over 150% above the current stock price.
ACRS · Capital · Neutral Analyst consensus price target over 150% above current price, but company has no assets beyond Phase 2 trials and relies on licensing revenue.
GRAB · Capital · Neutral Stock down over 20% in 12 months but ten analysts see significant upside; profitable super app operator.
URG · Capital · Positive Expected to turn profitable in H2 2026 as Shirley Basin ramps up; six analysts set consensus price target of $2.57.
Grab Holdings Ranked Among Best Stocks to Buy Under $10
Grab Holdings Limited has been ranked among the 10 best stocks to buy under $10. Analysts hold a consensus Buy rating on the company with a median 12-month price target of $5.96, implying a potential upside of 72 percent from the current stock price. Mizuho analyst Wei Fang lowered the price target from $7 to $6 while maintaining an Outperform rating after Grab reported first quarter 2026 revenue of $955 million, up 24 percent year-over-year, and On-Demand Gross Merchandise Value of $6.1 billion, also up 24 percent. Adjusted EBITDA rose 46 percent year-over-year to a record $154 million, and Chief Financial Officer Peter Oey stated the company is on track to meet its 2026 revenue guidance of $4.04 billion to $4.10 billion and adjusted EBITDA guidance of $700 million to $720 million. Grab operates a superapp across eight Southeast Asian countries, offering deliveries, mobility, and digital financial services.
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