Grab Holdings Ltd Class A
GRAB: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|rx | LOCK|MV? | LOCK|JksTvq |
Grab Earnings: Strong Organic Growth for Core Business; Fintech Expects Profitability in Second Half
Grab's second-quarter revenue grew 21% year-on-year, driven by the expansion of its fintech business as the loan book increased by 227%. Its on-demand gross merchandise value also contributed to growth and increased by 21%.
