The market capitalization of Shopee, Sea Group and Grab continues to decline. Grab's valuation is even below US$ 10 billion.
About Grab:
Even so, Chairman of the Indonesian Venture Capital Association (Amvesindo) Eddi Danusaputro considered this the right time to invest in startups , including Grab. "If you have idle funds, it could be a good time to invest," he said, Monday (18/7).
The same thing was expressed by the stock research site.
“The biggest attraction to investing in Grab is that this ride-hailing provider is important in Southeast Asia,” it quoted.
![]()
![]()
The stock research site also estimates that Grab's EV/EBITDA is much more reasonable going forward at 13 times. "Especially given that the company continues to increase revenue and transaction volume (GMV) at a decent pace," it was quoted as saying.
winner equities : to me, shopee is the best