Grab's Products, AI-Driven Strategy to Keep It Competitive -- Market Talk

Dow Jones

Apr 09

0424 GMT - Grab's products and artificial-intelligence-driven strategy will help maintain the company's competitiveness, Citi Research analysts say in a note. Grab's product event in Indonesia marked an evolution in its vision from a "Super App" focused on transactions, to an intuitive "Everyday Guide" for users, with new features like indoor navigation of shopping malls and hotel bookings, they write. Grab's core AI infrastructure, fueled by real-time data that it collects, allows it to offer loans and optimize delivery routes, Citi notes. This now extends to physical hardware like self-driving vehicles and AI-powered CCTV cameras. Grab emphasized the need to help partners adopt AI. Citi reiterates its buy rating on the stock with a target price of $7.20 and views the current valuation as attractive. Shares last closed at $3.63. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

April 09, 2026 00:24 ET (04:24 GMT)

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Grab's product event in Indonesia marked an evolution in its vision from a \"Super App\" focused on transactions, to an intuitive \"Everyday Guide\" for users, with new features like indoor navigation of shopping malls and hotel bookings, they write. Grab's core AI infrastructure, fueled by real-time data that it collects, allows it to offer loans and optimize delivery routes, Citi notes. This now extends to physical hardware like self-driving vehicles and AI-powered CCTV cameras. Grab emphasized the need to help partners adopt AI. Citi reiterates its buy rating on the stock with a target price of $7.20 and views the current valuation as attractive. Shares last closed at $3.63. 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Grab's product event in Indonesia marked an evolution in its vision from a \"Super App\" focused on transactions, to an intuitive \"Everyday Guide\" for users, with new features like indoor navigation of shopping malls and hotel bookings, they write. Grab's core AI infrastructure, fueled by real-time data that it collects, allows it to offer loans and optimize delivery routes, Citi notes. This now extends to physical hardware like self-driving vehicles and AI-powered CCTV cameras. Grab emphasized the need to help partners adopt AI. Citi reiterates its buy rating on the stock with a target price of $7.20 and views the current valuation as attractive. Shares last closed at $3.63. (kimberley.kao@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 09, 2026 00:24 ET (04:24 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999006266.SGD","symbol_name":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2626970452","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2626970452","pubTimestamp":1775708640,"columns":[],"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":"0424 GMT - Grab's products and artificial-intelligence-driven strategy will help maintain the company's competitiveness, Citi Research analysts say in a note. 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Grab's product event in Indonesia marked an evolution in its vision from a \"Super App\" focused on transactions, to an intuitive \"Everyday Guide\" for users, with new features like indoor navigation of shopping malls and hotel bookings, they write. Grab's core AI infrastructure, fueled by real-time data that it collects, allows it to offer loans and optimize delivery routes, Citi notes. This now extends to physical hardware like self-driving vehicles and AI-powered CCTV cameras. Grab emphasized the need to help partners adopt AI. Citi reiterates its buy rating on the stock with a target price of $7.20 and views the current valuation as attractive. Shares last closed at $3.63. (kimberley.kao@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 09, 2026 00:24 ET (04:24 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}