Tag
grab
3 articles
GoTo Stock Collapses to Record Low as Indonesia Exchange Removes Trading Floor
The Indonesian ride-hailing and e-commerce giant's shares fell 14 percent after regulators lowered minimum trading price, extending a 90 percent decline from 2022 IPO levels
Grab Stock Falls 10.8% on Vietnam Driver Protests, Atome Deal Concerns
Southeast Asian ride-hailing giant Grab faces multiple headwinds: driver protests in Vietnam, a reported $2 billion Atome Financial acquisition, and insider share sales from CEO Anthony Tan.
Grab Raises Full-Year Outlook After Operating Profit Jumps 186 Percent on AI Gains
The Southeast Asian super-app reported Q2 revenue of $997 million, raised its full-year EBITDA forecast and credited AI with cutting 40,000 hours of sales inefficiencies.