Detailed view for this entity.
“they control roughly 70% of Southeast Asia's ride hailing market with dominant positions in Singapore and Malaysia.”
“when you have something like 70% market share in delivery and 50%... so you are the dominant player”
“for 2025 management has updated their outlook for the year where they're still expecting around 20% revenue growth.”
“just recently, just this month, they also announced that they were issuing around $1.5 billion in bonds.”
“for 2025 management has updated their outlook for the year where they're still expecting around 20% revenue growth.”
“they immediately actually bought just shy of $300 million of stock. So that does reflect some shareholder friendly initiatives.”
“this is the dominant super app in Southeast Asia with fast growing sectors including mobility, food delivery and financial services for the underbanked.”
“it does strike me as obvious. I mean look, this is the dominant super app in Southeast Asia with fast growing sectors including mobility, food delivery and financial services for the underbanked.”
“in terms of thinking about blowup risks with Grab, they have nearly $6 billion in liquidity after their recent convert...”
“the report covers the risks on Grab and I think it, you know, really nails it, which is, you know, you're talking about regulatory concerns. You know, you have a lot of different countries that they're in.”
“you could have push back saying, "Hey, these aren't just gig workers. Maybe you need to treat them as employees."”
“but, you know, it is a $20 billion company.”
“currently they only have around 40% plus gross margins.”
“But this is more than the region’s Uber; Grab’s become a super app that’s listed on the Nasdaq.”
“providing day-to-day services to over 35 million users”
“providing day-to-day services to over 35 million users and a source of income for more than 13 million drivers and merchants as of 2023.”
“If you ask me, providing 13 million gig jobs is probably the largest job impact and poverty alleviation on a grand scale in 750 cities.”
“The idea for Grab stemmed from a conversation about the inefficiencies and dangers of the Malaysian taxi system.”
“In June 2012, Anthony and his co-founder launched the first iteration of Grab.”
“In 2016, the company rebranded from 'Myteksi' to 'Grab,' and hit unicorn status, a start-up valued at over a billion dollars.”
“In 2016, the company rebranded from “Myteksi” to “Grab,” and hit unicorn status, a start-up valued at over a billion dollars.”
“In December 2021, Grab made history after going public in the US in what was, at the time, the world’s largest SPAC deal.”
“Currently, Grab is zeroed in on AI.”
“The company is set to launch a new voice assistant feature in 2024, designed with visually impaired users in mind.”
“The company is set to launch a new voice assistant feature in 2024, designed with visually impaired users in mind.”
“It is a major shift, from web to mobile.”
“it's really getting our own folks leveling up in this new way of working, in this complete change in customer experiences.”
“Second is then seeing how it's forming and recreating total new solutions that customers have never seen before.”
“you would say that Grab has perhaps saturated 6 to 11% of their potential market.”
“since our last piece on Grab, shares of the company have appreciated 39% compared to 44% for the S&P 500.”
“But one thing to notice here is that competition in Indonesia is quite rough. And I was over there, I took this picture back in 2019 when I was talking to drivers for Go and Grab.”
“we're not liking the direction that we see them taking now, which is issuing lots of loans.”
“But one thing to notice here is that competition in Indonesia is quite rough. And I was over there, I took this picture back in 2019 when I was talking to drivers for Go and Grab.”
“Grabs growth is really coming from adding new cities, adding new smartphone users that come online, and of course, stealing from their competition.”
“they're expecting to continue this 20% compound annual growth at least through 2028.”
“the concern around grab... if they can't strengthen that operating margin, they could run into trouble quite quickly.”
“They say, 'Well, we're going to have $2 billion in loans extended by the end of 2026.'”
“I don't think this is a purposeful expansion into America more than it is let's take the technology they developed and apply it to Southeast Asia.”
“The CEO has called this a milestone and grabs evolution as a trusted international provider of financial services.”
“So again going back to that focus on their ability to become more profitable than just marginally profitable. They talk about margin expansion. Well, how are you going to get there? Right? They can talk about it, but how are they actually going to get there? You know, you can have volume growth, which leads to operating leverage. Fair enough, right? And then they expect that lending, which isn't profitable yet, will eventually be more profitable than delivery and mobility.”
“they're testing some autonomous shuttles in Singapore.”
“they have this exclusive partnership with Hail Technology to distribute LAR.”
“Since they have a dominant leadership position in nearly all the markets they operate in, and that bodess well. That means that competition isn't going to come and bite them because they're diversified.”