What price did Grab IPO at?

Written by Editorial Team | Last Updated: August 2026

Grab went public via a massive business combination with a special purpose acquisition company rather than a traditional initial public offering, achieving an implied valuation of nearly forty billion dollars. The transaction made history as one of the largest listings of a Southeast Asian technology enterprise on the U.S. markets, with shares commencing public trading under the ticker symbol GRAB on the Nasdaq stock exchange following extensive institutional fundraising rounds and private venture backing.

Related FAQs

Wall Street and regional financial institutions generally evaluate Grab stock with a moderate-to-favorable buy consensus, reflecting growing institutional confidence in its improving bottom-line performance.

Grab Holdings Limited (GRAB) consensus predictions among Southeast Asian technology analysts reflect a cautiously optimistic turnaround outlook as the superapp enterprise achieves sustained operational profitability across its ride-hailing, food deli...

Grab was not acquired by Uber; rather, the two corporations executed a historic strategic transaction where Uber agreed to exit the Southeast Asian market entirely in exchange for a substantial equity stake in Grab.

Grab Holdings Limited, Southeast Asia's dominant super-app providing ride-hailing, food delivery, and digital financial services, officially completed its initial public offering on December 2, 2021.

Grab commands an immense and pervasive market presence in Singapore, operating as the dominant daily super-app for urban mobility, food delivery, and digital financial services.

Grab Holdings is frequently regarded by growth-oriented investors as an intriguing long-term play on the secular expansion of digital commerce, urban mobility, and financial inclusion across Southeast Asia.

Determining whether Grab stock is undervalued depends on future growth projections relative to its current enterprise value and historical trading multiples following its public market debut.

Grab was founded in June 2012 by Anthony Tan and Tan Hooi Ling under the initial name MyTeksi in Malaysia before expanding rapidly across Southeast Asia and rebranding.

Grab Holdings Limited (GRAB) achieved its highest post-merger valuation levels shortly after its public market debut on the Nasdaq exchange via a special purpose acquisition company, with early trading sessions seeing historical intraday peaks scalin...

Great-West Lifeco has a corporate history that includes structural share adjustments and capital management actions executed during earlier periods of growth within the insurance and financial services sector.

Anthony Tan, the co-founder and chief executive officer of the Southeast Asian super-app Grab, is widely recognized as a prominent technology entrepreneur whose net worth has crossed into billionaire territory during key valuation peaks.

Comparing the corporate scale of Grab and GoTo involves looking at differing operational footprints, market capitalizations, and geographic distributions across Southeast Asia.

Guidewire Software—an enterprise-grade platform provider specializing in property and casualty insurance core operations—operates on a custom quote-based licensing model rather than a flat consumer subscription.

Grab Holdings does not operate as a dividend-paying stock, choosing instead to reinvest all available capital, operational earnings, and free cash flows directly into scaling its Southeast Asian super-app ecosystem.

Anthony Tan, the co-founder and chief executive officer of Grab, holds Singaporean citizenship and operates primarily out of the company's corporate headquarters in Singapore.

Graham Holdings Company currently does not pay a dividend on its common shares. The company ceased making dividend payments during the 2022 fiscal year and has not resumed them since that time.

Grab counts among its prominent institutional backers and strategic investors major sovereign wealth funds and global investment powerhouses, including Singapore's Temasek Holdings.

Equity research analysts tracking Grab stock frequently maintain a constructive outlook, highlighting accelerating top-line revenue growth, disciplined cost management, and the achievement of positive adjusted EBITDA profitability.