GRAB
Ride-Hailing & Delivery

1. Solving Big Problems

  1. Cuts Full-Year Forecast & SPAC Deal

2. Quarter 2, 2021
Net loss widens & cuts full-year outlook

Updates on Grab with SPAC Deal

That postponement came as the U.S. Securities and Exchange Commission tightened scrutiny over SPACs.

June 2021

A. Close SPAC deal by end of 2021

The SPAC merger was pushed back to the fourth quarter of 2021

Auditors look into Grab's financials for the past three years

B. Grab’s U.S. Trading to Start Dec. 2 After SPAC Deal Closes

Setting the stage for the Southeast Asian ride-hailing and delivery giant to debut on the U.S. stock market on Thursday.

The Singaporean startup closed down nearly 21% Dec 2 as it began trading on New York's Nasdaq.

Under the deal, Grab merged with Altimeter Growth Corp (AGC), a SPAC launched by Altimeter Capital, a US investment firm

Grab grappled with the spread of the Delta coronavirus variant in its biggest markets (Indonesia and Vietnam), and trimmed its earnings forecasts several times.

Grab: a bellwether for Asean's digital growth?

Interoperability and data

Growing pains: talent and sustainability

A bellwether for Asean's digital potential

Grab App

Challenges

As it becomes a public company

Opportunity in Southeast Asia

660 million people

Sharing and Educating

Prove that the long-term sustainability

In Ashia

Sharing very young mobile first population

Clearly product market fit in the region

Competition

Pushing us to invent and reinvent for consumers

Sale During Pandemic

Pandemic

Vaccination Rate

Grab cut-full year projection

Lockdown extension in most of the countries

Sale after vaccination

Restrict on SEA countries

40 billion dollar merge with US

Increase Income / GMV

Loss range more wider from $718 to 815 Millon

180 million dollar revenue

Scale down from 2.3 billion to (2.1 to 2.2)billion dollar

GMV 16.7 billion to (15 to 15.5)billion

More revenue - more expense

future

New vehicle

Combination with different fields

help parents transport to school

help patients go to hospitals

combination with food delivery

technological advance

Link to other websites

motorcycle

Electric car

GRAB app develop faster than others

Geopolitics and local politics

Renewed pandemic

Q2

Revenue

More than doubled to 180 million dollars

Net loss

Widened to 815 million dollars

How it affected?

Mobility business

Most profitable business

Underwent lock down impacted across all the road and the countries

Delivery business

Groceries delivery’s profit has increased

Full-year outlook

Adjusted net sales:$2.1b-$2.2b

Lower than earlier forecast of $2.3b

Gross merchandise value:$15b-$15.5b

Down from earlier estimate almost $17b

Q4

U.s spec firm ultimate growth on track to $40b merger

2022 outlook

Remain bright

If countries can manage vaccinate

Delivery bus add more groceries