$Grab Holdings(GRAB)$ Singapor

Singaporean multinational technology company Grab Holdings Limited (GRAB) announced on Tuesday that it expects revenue to slow but 2024 will be a key year for the group, when it expects to see some profitability.

The ride hailing company, which allows consumers to order transportation, food and deliveries via an app and competes with the likes of Uber (UBER), said it expects revenue growth of 45% to 55% in 2023. The SoftBank-backed group is forecasting that things will turn around by 2024.

So, are GRAB shares a bargain right now as it forecasts profit in 2024?

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Comments

Lionel8383
2022-12-03
Lionel8383
I doubt it will be a bargain, it can always be delisted if it cannot maintain $1
Oldcl0ud
2022-12-05
Oldcl0ud
👍
愛我幸福满满
2022-12-05
愛我幸福满满
[微笑]
Tantiad
2022-12-04
Tantiad
AGreed
LeoYew
2022-12-04
LeoYew
[微笑]
Camper
2022-12-04
Camper
[Cool]

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