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Grab's Path To Profitability Mirrors Uber's; We See Huge Upside In This Forgotten Stock
UBERUber(UBER) Seeking Alpha·2024-07-16 05:59

2020 and 2021 were busy years in the market for public offerings. It's a pretty dismal performance given that the S&P 500 is up by more than 25% since late 2021. As we just mentioned, GRAB can most easily be thought of as the 'Uber for Southeast Asia'. With the exception of Financial Services, GRAB's business closely mirror's UBER's. With a dominant position in Mobility, and a deliveries business that has largely grown off the back of that success, the company's financials are in good shape, with each of th ...