Grab Holdings Ltd
Grab CFO: See greater growth and profitability in ‘underpenetrated’ Indonesia
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Grab’s CFO Peter Oey discusses why Indonesia remains a strategic priority for the business, emphasising a stronger focus on affordability and driver recruitment. Source
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Expect more volatility ahead as market navigates shifting political winds, UBS says
Volatility in stocks won’t let up anytime soon, according to UBS. The Dow Jones Industrial Average on Thursday suffered its worst day since Jan. 10, dropping more than 400 points after a sell-off in Walmart shares. The stock dropped more than 6% after the country’s largest retailer issued weaker-than-expected fiscal-year guidance. Walmart also warned it […]
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Stocks making the biggest moves premarket: UnitedHealth, Rivian, Block, Celsius and more
Check out the companies making headlines before the bell. Celsius Holdings — The energy drink maker skyrocketed more than 31% after surpassing expectations for fourth-quarter earnings and entering an agreement to acquire Alani Nutrition in a cash and stock deal. Celsius earned an adjusted 14 cents per share on $332 million in revenue, while analysts […]
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Stocks making the biggest moves midday: Ferrari, Spotify, PayPal, Palantir and more
Check out the companies making headlines in midday trading: Palantir Technologies — The software company surged 22% after reporting stronger-than-expected fourth-quarter results . Palantir attributed this earnings and revenue beat to its artificial intelligence platform gaining traction. The stock was on pace for its best day since Feb. 6, 2024, when it gained 30.8%. AMC […]
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Delivery Hero vs. Just Eat? One has 60% upside in a ‘winner-takes-all’ market, says Stifel
Berlin-based Delivery Hero and Dutch multinational Just Eat Takeaway are two companies at the center of the ruthless online food delivery sector. Investment bank Stifel examined both stocks and found that one has significant upside amid a fiercely competitive “winner-takes-all” market. Shares of both companies are traded in the U.S. and across Europe. DHER-DE JET-GB […]
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Grab CEO Anthony Tan gives his no. 1 piece of advice for aspiring entrepreneurs
Anthony Tan is the co-founder and CEO of Grab. Courtesy of From the outside, it looks like Anthony Tan’s got it all — the family, the wealthy upbringing and the success. Today, he is the head honcho of one of Southeast Asia’s biggest tech companies, Grab — but he’ll be the first to say that […]
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How I built a $2 billion a year super app called Grab: ’20 hour’ work days
Anthony Tan didn’t need to start a business to be rich. He grew up as the youngest of three sons in one of Malaysia’s wealthiest families. His father, Tan Heng Chew, is the president of Tan Chong Motor, a multinational automobile distributor founded by Tan’s grandfather in the 1950s, that’s publicly listed on the Kuala […]
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The rise of Grab: How I built a super app that brings in over $2 billion a year
Anthony Tan is the co-founder and CEO of Grab. Founded in 2012, the ride-hailing app has now grown into a “super app” that offers services in mobility, deliveries, and digital financial services. Grab is listed on the Nasdaq and has more than 35 million users across eight countries in Southeast Asia as of 2023. Anthony […]
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SoftBank seen returning to loss in fourth quarter regardless of power in tech stocks
Signage at a SoftBank Corp. retailer in the Ginza district of Tokyo, Japan. Kiyoshi Ota | Bloomberg | Getty Images Japanese technologies trader SoftBank Team is envisioned to slip again into the crimson when it reviews earnings on Monday even with engineering stocks such as Arm Holdings its core asset, executing very well more than […]
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AirAsia device heads for U.S. listing via SPAC deal as CEO suggests 'People in america have an understanding of branding'
AirAsia airplanes are pictured on the tarmac at Kuala Lumpur Intercontinental Airport in Sepang on January 8, 2024. Malaysian conglomerate Cash A intends to offer its budget provider company to medium- to prolonged-haul affiliate AirAsia X in a main consolidation of the country’s airline marketplace. Arif Kartono | Afp | Getty Pictures AirAsia is set […]
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