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Stock impact report

Grab Holdings (GRAB): The Best Strong Buy Asian Stock to Invest In [Yahoo! Finance]

Grab Holdings Limited - Class A Ordinary Shares (GRAB) 
Company Research Source: Yahoo! Finance
Limited (NASDAQ:GRAB) launched public operations of their Autonomously Intelligent Ride service in Punggol, marking the first autonomous passenger service deployed in a residential estate in Singapore. The companies said more than 1,000 passengers participated in trials since January, helping refine the service, and the Ai.R fleet has logged 30,000 kilometers of autonomous driving to date. On March 23, 2026, Jefferies analyst Thomas Chong reiterated a Buy rating and $6.70 price target on Grab Holdings, citing its agreement to acquire foodpanda's Taiwan business. Thomas Chong said the $600M cash deal was unexpected and could be accretive to adjusted EBITDA by 2028, adding that the transaction allows Grab to expand its delivery model into Taiwan at a valuation reflecting a discount to a prior offer. Grab Holdings (GRAB): The Best Strong Buy Asian Stock to Invest In Earlier that day, Grab and Delivery Hero agreed for Grab to acquire foodpanda's Taiwan operations for $600M on a cash Show less Read more
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