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Grab Holdings Limited  (GRAB)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $3.1700 $-0.07 -2.160%
Day's High: $3.26 Week Perf: 0.00
Day's Low: $ 3.17 30 Day Perf: -7.04 %
Volume (M): 126,291 52 Wk High: $ 3.92
Volume (M$): $ 400,343 52 Wk Avg: $3.27
Open: $3.21 52 Wk Low: $2.65



 Market Capitalization (Millions $) 12,125
 Shares Outstanding (Millions) 3,825
 Employees 12,000
 Revenues (TTM) (Millions $) 1,433
 Net Income (TTM) (Millions $) -1,740
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Grab Holdings Limited
Grab Holdings Ltd is a Singapore-based ride-hailing and food delivery company founded in 2012 by Anthony Tan and Tan Hooi Ling. It has become one of the most popular start-ups in Southeast Asia with its app-based services now offered in over 400 cities across eight countries.

The company was initially established as MyTeksi in Malaysia, but it quickly expanded into other countries in Southeast Asia, where it sought to challenge established ride-hailing platforms like Uber. In 2016, Grab acquired Uber's Southeast Asia operations, and the company has since grown to become the largest ride-hailing and delivery platform in the region.

Grab offers a range of services, including ride-hailing (car, motorbike and taxi), delivery, and e-payment (GrabPay). Its food delivery service, GrabFood, was launched in 2018 and has quickly become one of the most popular in Southeast Asia.

The company's success is driven by its focus on the needs of local communities. Grab has adapted its services to suit the unique demands of Southeast Asian markets, for example, by offering cashless payment options and partnering with local businesses to offer special deals to customers.

Grab has also become an increasingly important player in the region's fintech industry. Its digital wallet, GrabPay, has become a popular mobile payment option for Southeast Asian consumers, allowing them to pay for services beyond Grab's own platform.

In the early years of its operation, Grab received significant investment from companies such as SoftBank and Tencent, and in 2019, it secured a record $4.5 billion in funding from the likes of Toyota and Microsoft, valuing the company at $14 billion.

Today, Grab is one of the most well-known and influential companies in Southeast Asia, providing millions of people with access to safe and reliable ride-hailing and delivery services. Its rapid growth and reach have been transformative in many ways, connecting people, businesses and communities across the region.


   Company Address: 3 Media Close, #01-03/06 Singapore 138498
   Company Phone Number: 739-7864   Stock Exchange / Ticker: NASDAQ GRAB
   GRAB is expected to report next financial results on April 25, 2024.


   

Stock Performances by Major Competitors

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Phreesia Inc

Concerns arise over Phreesia Inc's profitability despite significant revenue growth

Phreesia Inc, a Professional Services company, recently announced a significant increase in revenue of 120.182% year on year to $19.62 million in the fourth quarter of the 2024 earnings season. However, despite the impressive revenue growth, the company recorded a shortfall per stock at $-1.40. This raises concerns about the company's profitability and financial health.
Comparing Phreesia Inc's top-line growth with its peers in the Professional Services sector, it becomes evident that the company's revenue outperformed most of its competitors. While the majority of entities in the Professional Services sector saw an average top-line elevation of 6.01% relative to the comparable period a year ago, Phreesia Inc experienced a significant increase. However, it is essential to note that the company's revenue tumbled by -78.59% from $91.62 million in the previous reporting season.

Bgsf Inc

BGSF Inc. Soars with 304.914% Revenue Increase, But Slips into the Red

BGSF, Inc. has recently announced a significant revenue increase of 304.914% year on year, reaching $312.93 million in their most recent fiscal period. Despite this strong performance on the top-line, the company slipped into a shortfall with a net loss of $-0.24. BGSF, Inc. has clearly outperformed its sector peers in terms of revenue growth, as the Professional Services sector only saw a 6.34% increase in revenue during the same period.
In the previous quarter, the company's EPS fell from $0.24 per share, while revenue doubled by an impressive 374735.178% to $0.08 million. For the fiscal period ending December 31, 2023, BGSF, Inc. reported a net loss of $-10.212 million, a significant decrease from the net earnings of $1.732 million in the same quarter a year earlier. The company also noted that its accounts receivable value remains below the previous year's level, although there has been some sequential progress in this area.

Steel Connect Inc

Steel Connect Inc. Sees Positive Earnings and Improved Profit Margins in Second Quarter Financial Report

Steel Connect Inc. announced its financial results for the second quarter ended January 31, 2024, revealing positive earnings and improved net profit per share compared to the previous year. The company reported earnings of $0.18 per share, a significant improvement from the loss of $0.19 per share in the same period last year. Net profit per share also grew by 20% compared to the prior reporting period.
Although the company experienced a decrease in revenue by 15.411% to $42.35 million from $50.06 million in the comparable reporting period a year ago, there was a 4.625% sequential revenue growth from $40.48 million. In comparison, the overall Professional Services industry recorded a revenue rise in the second quarter of 2024.

Getty Images Holdings Inc

Getty Images Holdings Inc Sees Strong Stock Performance Amid Revenue Decline

Getty Images Holdings Inc, a global visual content creator and marketplace, recently recorded a solid gain of 7.29% in its stock during the past five trading days. However, over the course of March, the company's stock declined by 10.04%. Despite this, Getty Images Holdings Inc's stock is currently trading on the NYSE 1.1% above its 52-week average.
During the October to December 2023 interval, Getty Images Holdings Inc turned a profit, displaying earnings per share of $0.08. This is in stark contrast to the previous year's earnings per share of -$0.11. Additionally, earnings per share turned positive from -$0.05 per share from the preceding reporting period. However, the revenue went down sharply by -67.527% to $225.94 million from $695.77 million in the same reporting period a year ago. Sequentially, revenue also decreased by -1.464% from $229.30 million. It is important to note that the deterioration of top-line is relative to the average Professional Services industry, which posted a revenue rise during the same period.

Hudson Global Inc

Hudson Global Inc Surges in Earnings Despite Revenue Decline

Hudson Global Inc, a leading global talent solutions company, has recently released its financial results for the fourth quarter and full year ended December 31, 2023. The company saw an astonishing increase in income, rising by 1126.17% to $0.23 per share. However, the company also experienced a significant decline in revenue, with a decrease of 31.167% to $33.97 million compared to the previous year.
This slump in revenue is not comparable to the rest of the Professional Services industry, which posted a top-line improvement during the same period. In contrast, Hudson Global Inc saw a deterioration of revenue by 13.775% from $39.40 million in the third quarter, while profits grew by 36.88% to $0.17 per share.






 

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