Grab Holdings Ltd - Cl A

Grab Holdings saw its stock climb over 4% following the announcement of a $400 million share buyback program and a strategic $600 million acquisition of foodpanda's Taiwan operations, its first expansion outside Southeast Asia.

Grab Holdings shares advanced following the announcement of a $400 million stock buyback and a $600 million acquisition of Delivery Hero's foodpanda Taiwan business, expanding its geographic footprint.

Grab Holdings shares extended losses Friday, nearing a 52-week low, after the company's 2026 revenue projection missed Wall Street expectations. The stock decline contrasts with gains for U.S. peers.

Grab Holdings shares advanced Friday following the launch of a new support package for drivers in the Philippines, a move aimed at mitigating the impact of rising fuel costs. The initiative comes as the company navigates investor concerns over its 2026 financial outlook and elevated incentive spending.

Grab Holdings shares declined more than 3% following a regulatory filing revealing CEO Anthony Tan's plan to sell up to 1.2 million shares. The stock has fallen 26% year-to-date, weighed down by a softer financial outlook and market-wide headwinds.

Grab Holdings sets aside Rp100-110 billion for enhanced holiday bonuses for Indonesian drivers following a new government mandate. Separately, Grab Malaysia will increase monthly interest on new PayLater instalments to 1.25% starting March 9.