Equity Analysis /
Global

Grab Holdings: Initiation – The Nasdaq-listed ASEAN super app

  • We initiate coverage on Grab, ASEAN"s ride-hailing, food delivery and payments giant

  • Grab has the potential to become ASEAN's super app

  • Our DCF valuation of Grab indicates a target price of US$13, suggesting 46% upside. We initiate coverage with a Buy

Grab Holdings: Initiation – The Nasdaq-listed ASEAN super app
Nirgunan Tiruchelvam
Nirgunan Tiruchelvam

Head of Consumers Equity Research

Tellimer Research
9 December 2021
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