Grab's Mobility Transaction Volumes Likely to Retain Solid Momentum -- Market Talk

Dow Jones

2025/07/07

0323 GMT - Grab's transaction volumes for mobility may retain solid momentum, driven by growing demand of two-wheels rides and an increased supply of GrabTaxi in Singapore, Citi analysts write in a note. The company's revenue is likely to continue an accelerated trend from 2Q, led by effective adoption of new products including GrabFood for One, Grab for Family, Citi says. Citi remains constructive on Grab, citing its solid execution track record, continued product innovation, relatively low user penetration ratio and a stable competitive landscape. The brokerage maintains a buy rating on the stock with a target price of US$6.20. Shares last traded at US$4.87. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

July 06, 2025 23:23 ET (03:23 GMT)

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The company's revenue is likely to continue an accelerated trend from 2Q, led by effective adoption of new products including GrabFood for One, Grab for Family, Citi says. Citi remains constructive on Grab, citing its solid execution track record, continued product innovation, relatively low user penetration ratio and a stable competitive landscape. The brokerage maintains a buy rating on the stock with a target price of US$6.20. Shares last traded at US$4.87. 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The company's revenue is likely to continue an accelerated trend from 2Q, led by effective adoption of new products including GrabFood for One, Grab for Family, Citi says. Citi remains constructive on Grab, citing its solid execution track record, continued product innovation, relatively low user penetration ratio and a stable competitive landscape. The brokerage maintains a buy rating on the stock with a target price of US$6.20. Shares last traded at US$4.87. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 06, 2025 23:23 ET (03:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4230","symbol_name":"旅客陸運","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2549306742","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549306742","pubTimestamp":1751858580,"columns":[{"name":"行業數據","id":30,"label_key":"dataReport"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0323 GMT - Grab's transaction volumes for mobility may retain solid momentum, driven by growing demand of two-wheels rides and an increased supply of GrabTaxi in Singapore, Citi analysts write in a note. 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The company's revenue is likely to continue an accelerated trend from 2Q, led by effective adoption of new products including GrabFood for One, Grab for Family, Citi says. Citi remains constructive on Grab, citing its solid execution track record, continued product innovation, relatively low user penetration ratio and a stable competitive landscape. The brokerage maintains a buy rating on the stock with a target price of US$6.20. Shares last traded at US$4.87. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 06, 2025 23:23 ET (03:23 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}