In today’s briefing:
- Grab Holdings Scales Up Its Digital Empire—Are AVs
- Skylink Holdings Limited Initiating Coverage
Grab Holdings Scales Up Its Digital Empire—Are AVs
- In the latest earnings results, Grab Holdings Limited showcased a mix of strong performance and strategic development, underscored by various operational highlights and anticipated challenges.
- The company reported substantial growth across its segments, reflecting increased user engagement and strategic product innovations.
- In terms of financial performance, Grab saw an impressive year-over-year increase in monthly transacting users by approximately 6 million, reaching 48 million.
Skylink Holdings Limited Initiating Coverage
- Skylink provides financing and fleet solutions centered on commercial vehicles, ride-hailing cars, and related after-sales services.
- The model combines principal loan book generation, vehicle ownership and remarketing, and workshop support.
- Revenue is recognized on transfer of control for vehicle sales and over time for service elements where contracted.
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