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DBS downgrades Grab to ‘fully valued’ on ‘structural challenges’
The Edge Singapore via Yahoo Singapore Finance· 11 months agoAnalyst Sachin Mittal has, however, increased his TP to US$3.16 from US$3.07 previously. DBS Group...
These Two E-commerce Platforms Are Bringing Forward Their Breakeven Timeline
The Smart Investor via Yahoo Singapore Finance· 1 year agoSoutheast Asia’s technology superapps guide that breakeven can be achieved a year ahead of...
CGS-CIMB analyses key reasons for Grab's acquisition of Trans-cab
The Edge Singapore via Yahoo Singapore Finance· 11 months agoTrans-cab has a track record of being a profitable company and would contribute positively to Grab’s...
GoTo preps first-ever buyback after selling e-commerce to TikTok
Bloomberg via Yahoo Singapore Finance· 3 months agoGoTo Group plans to buy back as much as $200 million of stock after recording its first-ever profit...
GoTo reports narrower adjusted ebitda loss of IDR3.7 trillion in 3QFY2022 results
The Edge Singapore via Yahoo Singapore Finance· 2 years agoFor the FY2022, GoTo Group is expecting to pencil in between IDR613 trillion to IDR619 trillion for...
Singapore's ride-hailing firm Grab lays off over 1,100 employees
TechCrunch via Yahoo News Singapore· 1 year agoOn-demand startups in Asia raised hundreds of millions of dollars from investors over the last...
Macquarie initiates coverage on GoTo with 'outperform' call, forecasts 22% upside
The Edge Singapore via Yahoo Singapore Finance· 2 years ago“We forecast robust gross revenue uptick for its key segments.” The Gojek-Tokopedia merger, GoTo, is...
UPDATE 2-Grab forecasts 2023 revenue above estimates, brings forward profit target
Reuters SG via Yahoo Singapore Finance· 1 year agoGrab Holdings Ltd, Southeast Asia's biggest ride-hailing and food delivery firm, on Thursday forecast upbeat 2023 revenue and pulled forward its profitability timeline on hopes that consumers ...