G

Grab Holdings Limited
D

GRAB

4.90500
USD
0.13
(2.62%)
Market Closed
Volume
2,191,089
EPS
0
Div Yield
-
P/E
-246
Market Cap
19,938,825,000
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News

Title: Grab Holdings Limited

Sector: Technology
Industry: Software - Application
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.
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