Has The Time Arrived To Buy This Blue Chip Stock-GRAB

Acrobull Canada Advisory Inc.

January 21			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Grab Holdings Ltd.	GRAB-NASDAQ	Technology		$18.3423 Billion	Medium

Grab Holdings Limited provides superapp services across Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company operates through four business segments: Deliveries, Mobility, Financial Services, and Others.

Recent Highlights

CEO Statement- This quarter represents another important milestone in our journey, reflecting not only strong financial performance but also our continued progress in building a more resilient, technology-driven platform for the long term. Grab’s growth engine continues to gain momentum, with On-Demand GMV accelerating to 24% year over year, or 20% on a constant currency basis, while achieving our fifteenth consecutive quarter of Adjusted EBITDA growth,” said Anthony Tan, Group Chief Executive Officer and Co-Founder of Grab.

Looking ahead, we will remain focused on driving innovation to support profitable growth in our core On-Demand business, while making disciplined investments to accelerate the expansion of Financial Services and explore opportunities in Autonomous Vehicles and Remote Driving.

Third Quarter 2025 Financial Highlights

Revenue increased by 22% year over year, or 17% on a constant currency basis, to $873 million in the third quarter of 2025, driven by continued expansion across the On-Demand and Financial Services segments.

On-Demand GMV rose by 24% year over year, or 20% on a constant currency basis, reaching $5.8 billion. This growth was supported by strong year-over-year increases in On-Demand Monthly Transacting Users (MTUs) and total On-Demand transactions of 16% and 27%, respectively, as well as higher On-Demand GMV per MTU on a constant currency basis.

Total incentives amounted to $585 million during the quarter. On-Demand incentives as a percentage of On-Demand GMV increased by 21 basis points year over year but remained stable quarter over quarter at 10.1%, reflecting continued investments to drive adoption across the Mobility and Deliveries offerings.

Operating profit for the third quarter was $27 million, representing a year-over-year improvement of $65 million, primarily attributable to revenue growth, enhanced Adjusted EBITDA margins, and disciplined cost management.

Stock Observation- Looking ahead, the Company expects to build on its strong performance, with revenue growth anticipated to remain robust following a 22% year-over-year increase, or 17% growth on a constant currency basis, as it continues to scale its core businesses and execute on its long-term strategic initiatives.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull Canada Advisory Inc. maintains Customer Choose Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull Canada Advisory Inc. only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull Canada Advisory Inc. would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull Canada Advisory Inc. is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull Canada Advisory Inc. does not guarantee returns.

Acrobull Recommendation Based on Evaluation

Current Market Price	$4.51 USD
Acrobull Recommendation	Buy at $4.47
Target Price	$5.88 USD
RSI Level	41 RSI
Total Shares Outstanding	3.96 Billion
Shares Held by Insiders Shares Held by Institutions Risk Factor Stop Loss	22.21% 64.24% Medium 5%