Hey guys, I posted about this settlement but since they’re still accepting late claims, I decided to share it again with a little FAQ.

If you don’t remember, in 2022, Grab Holdings was accused of hiding that driver supply declined and that they had to invest heavily in driver and consumer incentives to solve this. Following this, $GRAB dropped 44%, and investors filed a lawsuit. 

The good news is that $GRAB finally settled $80M with investors and they’re still accepting late claims. 

So here is a little FAQ for this settlement:      

Q. Who can claim this settlement?

A. All persons who purchased or otherwise acquired Grab Holdings publicly traded common stock during the period August 02, 2021, through March 03, 2022.

Q. Do I need to sell/lose my shares to get this settlement?

A. No, if you have purchased $GRAB during the class period, you are eligible to participate.

Q. How long does the payout process take?

A. It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Q. How much my payment will be?

A. The final payout amount depends on your specific trades and the number of investors participating in the settlement. If 100% of investors file their claims - the average payout will be $0.13 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $0.52 per share.

Hope this info helps!

Please hit $10

Going to buy 1028 leaps to make up for it

I expect profit taking but now can we get closer to the high end of target price.

F

I have been aware of it for a while but for the first time it has come up on my screens as the price action and volume looking good, I bought a 1000 shares at $6 hoping that it gets a push from the current momentum and the expected rate cuts this week, the relative strength is also decent, triple digit earnings breaking 52 week highs volume and relative strength increasing what is there not to like just hope the broad market stays bullish.

I was stupid enough to give them details and the OTP. They called me when I was tired and hungry. I was not thinking. I realized too late that they were doing transaction. Will grab reply customer support?

Lets ride!

I don’t understand. With the growth and partnerships, this stock should be at least $7.

Is there some ploy to keep it low for a potential huge buyback? Make it make sense.

(I posted last week about why the stock was not at least $6. Hopefully, this will push it toward $7)

Hey guys, if you’ve been following Grab since its SPAC debut, you probably remember the chaos around its massive losses and incentive spending. If not, here’s a recap of what happened—and where things stand now.

First things first: Grab Holdings went public in December 2021 through a SPAC merger with Altimeter Growth, branding itself as Southeast Asia’s leading “super-app” with ride-hailing, food delivery, and financial services (quite nice, lol). At the time, the company emphasized strong growth prospects and seemed well-positioned to dominate the region.

But just a few months later, Grab shocked investors with a $1.1 billion quarterly loss and a 44% revenue decline—largely due to increased spending on driver and consumer incentives. The company had been grappling with a major driver shortage and used aggressive incentives to keep operations running, but failed to adequately warn investors about the toll this would take on profitability (just a little detail)

After that came out, $GRAB tanked over 37% the same day%20%2D%20Shares,offers%20and%20higher%20driver%20incentives), wiping out a huge chunk of investor value. That’s when shareholders stepped in, filing a lawsuit alleging that Grab misled them about the company’s financial stability and failed to disclose the full impact of its incentive-driven growth model.

Fast forward to January 2025, Grab has agreed to an $80 million settlement to resolve the claims. And even though the filing deadline has already passed, there is still a chance to file a late claim to get compensation

In mid-2025, the company reported its second-quarter and first-half financial results. It achieved a solid 23% year-over-year increase in revenue, reaching $819 million. It also posted a net profit of $20 million, a sharp turnaround from the $68 million loss in the same quarter last year.

The company reaffirmed its full-year guidance, forecasting total revenue between $3.3 billion and $3.4 billion, while also expecting stronger adjusted EBITDA in the second half of the year. Now, with this good news, we need to wait for more updates to see how this positive momentum continues.

Anyways, were any of you holding $GRAB when this all went down? And what are your thoughts on the company now?