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Wall Street sees massive upside for Asian tech giant Grab, after disappointing debut

December 27, 2021

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Anthony Tan, chief executive officer of Grab Holdings Inc., center right, and Tan Hooi Ling, co-founder of Grab Holdings Inc., celebrate on stage during a bell-ringing ceremony as Grab begins trading on the Nasdaq, in Singapore, on Thursday, Dec. 2, 2021.

Ore Huiying | Bloomberg | Getty Images

Investment banks JPMorgan, Citi and global independent investment banking advisory Evercore have initiated coverage on Southeast Asian tech giant Grab, following its stock market debut earlier this month.

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