In today’s briefing:
- Grab (GRAB US) – Mapping Out a More Prudent Future
Grab (GRAB US) – Mapping Out a More Prudent Future
- Grab continues to innovate and adapt to more challenging times, with a needle focus on moving toward profitability with ongoing efforts to reduce incentives and rationalise non-core businesses.
- The launch of GrabMaps is interesting in that it has the potential to generate new revenue streams, create substantial cost savings, and enable targeted advertising adding to the enterprise segment.
- Grab (GRAB US) has cash liquidity of US$8.2bn, which makes it look cheap relative to its market cap of only US$8.9bn and it is trading on 2.0x FY2023E EV/Sales.
Before it’s here, it’s on Smartkarma
