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Grab Holdings Limited (GRAB) Expands With Hesai Lidar Deal After Blowout Quarter

Grab Holdings Limited (NASDAQ:GRAB) is one of the best foreign stocks to buy right now. On February 12, Grab Holdings Limited (NASDAQ:GRAB) released the earnings for its December-ending quarter. For the quarter, Q4 FY2025, Grab posted $906 million in revenue, a 19 % increase year over year. Management noted that the increase was driven by growth across its service offerings.

According to Grab, profit for the period was $153 million, compared with $11 million in the prior year quarter. Adjusted EBITDA came in at $148 million, up about 54 % over the prior year period.

For the full year, Grab’s revenue increased by about 20 % year over year to approximately $3.37 billion. Profit reached $200 million, reversing a loss of $158 million in the FY2024, and adjusted EBITDA for the year rose to $500 million, up about 60% year over year.

Because of the exceptional performance, Grab’s Board authorized a share repurchase program of up to $500 million. The company also guided that for fiscal 2026, revenue should fall in the range of $4.04 billion and $4.10 billion and adjusted EBITDA of $700 million to $720 million.

Meanwhile, on February 4, Hesai Technology appointed Grab to be the exclusive distributor of its lidar products across Southeast Asia. According to the details of the deal, Grab will handle sales, customer support and marketing of Hesai’s lidar sensors throughout the region.

Grab Holdings Limited (NASDAQ:GRAB) is a Singaporean company that operates Southeast Asia’s leading superapp. The superapp offers ride-hailing, food delivery, digital payments, and financial services across multiple countries in the region.

While we acknowledge the potential of Grab Holdings Limited (NASDAQ:GRAB) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GRAB and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 11 Best AI Penny Stocks to Buy Right Now and 13 Best Affordable Tech Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
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  • 140 Metas
  • 84 Googles
  • 65 Microsofts
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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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