• Grab Holdings was upgraded to a Strong Buy rating today, with analysts noting strengthened fundamentals and achieved profitability.
  • The company also announced a strategic partnership with SGMW, introducing Wuling Bingo vehicles for ride-hailing operations in Indonesia.
  • Grab's stock is up 4.4% at $3.71, aligning with a wider risk-on sentiment in U.S. markets, with the Nasdaq posting gains of over 1%.