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Grab: Improving Fundamentals Signal Undervaluation Opportunity
GRABGrab (GRAB) Seeking Alpha·2024-02-26 04:56
jjlim80/E+ via Getty Images Grab (NASDAQ:GRAB) is a Singaporean technology company that offers a wide range of services, including ride-hailing, food delivery, and financial services. It is one of the largest technology companies in Southeast Asia, with operations in eight countries and over 35 million monthly transacting users. Share performance has been disappointing since the IPO in 2020. Initially surging above $16, it then plummeted due to concerns about profitability and competition. The stock cur ...