Grab latest news for today:
Grab is rapidly advancing its AI-driven services and financial technologies, highlighted by a $60 million investment in remote-driving firm Vay Technology and the acquisition of digital investing platform Stash Financial. The company reported a 24% year-over-year revenue increase to $955 million and record adjusted EBITDA of $154 million.
Key recent developments include:Corporate & Expansion: Grab is finalizing its acquisition of foodpanda’s Taiwan business, committing to sustainable earnings for local delivery partners. The Indonesian government also recently backed a potential merger between Grab and its rival GoTo.
Financial Performance: Analysts maintain a strong buy consensus on Grab Holdings Limited (GRAB), as the company projects 2026 revenue to land between $4.04 billion and $4.10 billion.
Local Features: For users in Malaysia, Grab Malaysia has expanded its local services with new promotions, loyalty reward programs, and curated food discovery features like weekend brunch and Nasi Lemak deliveries.
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