GRAB Stock Recent News

Recently, Zacks.com users have been paying close attention to Grab (GRAB). This makes it worthwhile to examine what the stock has in store.

Grab Holdings Limited's on-demand GMV surged 20% YoY in Q4 2024, driven by affordability-led products like Saver Rides. Monthly transacting users hit a record 44 million (+17% YoY), with one-third being new or reactivated users. Multi-service users spend 4x more and transact 2.5x more often, boosting ecosystem stickiness and user retention.

In the latest trading session, Grab Holdings Limited (GRAB) closed at $4.80, marking a +0.42% move from the previous day.

Singapore-based ride-hailing/delivery platform Grab is reportedly trying to raise funds to acquire rival GoTo. The company is in discussions to obtain a bridge loan of up to $2 billion for the deal, Bloomberg News reported Wednesday (March 26), citing sources familiar with the matter.

GRAB benefits from strong growth in On-Demand GMV, expanding fintech offerings and partnerships despite stiff competition and economic uncertainties.

Grab is a great choice to increase international exposure this year amid U.S. weakness, with the company expecting accelerating revenue growth in FY25. Grab's strong Q4 earnings, diverse service offerings, and significant growth potential in Southeast Asia make it an attractive long-term hold. Though expensive at ~28x forward adjusted EBITDA, Grab should be able to sustain a growth premium over better-known peers like Uber, especially as adjusted EBITDA is expected to grow ~40-50%.

Grab impresses with strong fundamentals, operational excellence, and a tailored approach to Southeast Asia, making it a standout investment in a volatile market. My firsthand experience in Indonesia confirmed Grab's superior service and reliability compared to competitors, reinforcing my confidence in its long-term potential. Grab's diversified superapp model, including mobility, food delivery, and digital banking, drives impressive growth and operational efficiency, positioning it as a leader in Southeast Asia.

The company operates a similar business to my top stock to buy, Uber (UBER -3.30%).

Grab Holdings Ltd NASDAQ: GRAB is the largest rideshare operator in Southeast Asia, serving nearly 44 million monthly transacting users (MTUs), also known as "paying users," across eight countries, including its base in Singapore, Indonesia, Malaysia, Thailand, Vietnam, Cambodia, Myanmar and the Philippines.

Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Equity Metals Corporation (TSXV: EQTY) (OTCQB: EQMEF) (FSE: EGSD) ("Equity" or the "Company") reports on surface sampling results from Q4 2024 work on the Arlington project, located in the Greenwood Mining district, southern British Columbia. The 2024 sampling was part of the Company's validation work on the property initiated soon after acquisition in November 2024.