$GRAB: the Asian Uber poised for growth
If you've ever ridden in a tuktuk, you probably know what Grab is. It's essentially the Uber of Asia, extremely commonly used throughout the region. They posted their first profitable quarter earlier this year. Revenue in 2023 was $2.48B, up from $1.43B and $0.67B in 2022 and 2021, respectively. This company is growing, fast.
It's very clear that this stock is still in the very earliest stages of growth. Banks including JPM, Citi, and HSBC all have price targets above the current stock price, and every rating is a buy or strong buy.
It's very clear that this stock is still in the very earliest stages of growth. Banks including JPM, Citi, and HSBC all have price targets above the current stock price, and every rating is a buy or strong buy.
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MonkeyGee : Grab is so much better than Uber