Profile - To The Moon

Edwht

Posts · 66Posts · 66
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- EdwhtEdwht
  ·07-21
  $Sheng Siong(OV8.SI)$ yea yea
  1.01K Comment
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- EdwhtEdwht
  ·07-04
  $Sheng Siong(OV8.SI)$
  1.35K Comment
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- EdwhtEdwht
  ·07-04
  Good to know more option.
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- EdwhtEdwht
  ·06-08
  Great article, would you like to share it?
  Buy/Sell: Wall Street's Top 10 Stock Calls This Week
  What has Wall Street been buzzing about this week?
  Buy/Sell: Wall Street's Top 10 Stock Calls This Week
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- EdwhtEdwht
  ·05-07
  Looks like a solid deal.
  Grab Looks to Strike a Deal to Acquire Indonesia's GoTo in Q2, Sources Say
  Grab looks to strike a deal to acquire Indonesia's GoTo in Q2, sources sayBy Yantoultra Ngui, Kane Wu and Fanny PotkinSINGAPORE/HONG KONG, May 7 (Reuters) - U.S.-listed ride-hailing and food delivery
  Grab Looks to Strike a Deal to Acquire Indonesia's GoTo in Q2, Sources Say
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- EdwhtEdwht
  ·05-02
  $Grab Holdings(GRAB)$ will it break thru 5. Up up
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- EdwhtEdwht
  ·04-28
  $Grab Holdings(GRAB)$ up up up
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- EdwhtEdwht
  ·04-28
  $Grab Holdings(GRAB)$ revenue keep on coming from the south east Asia.
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- EdwhtEdwht
  ·04-26
  $Grab Holdings(GRAB)$
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- EdwhtEdwht
  ·04-26
  $Grab Holdings(GRAB)$ yeay.. Go go GRAB
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more option.","listText":"Good to know more option.","text":"Good to know more option.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/452900398768352","isVote":1,"tweetType":1,"viewCount":1355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":443746753441992,"gmtCreate":1749351692819,"gmtModify":1749351694926,"author":{"id":"4121322879914382","authorId":"4121322879914382","name":"Edwht","avatar":"https://community-static.tradeup.com/news/6ba34540ee511d68db8aea4f817fb35d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4121322879914382","idStr":"4121322879914382"},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/443746753441992","repostId":"1124937898","repostType":2,"repost":{"id":"1124937898","kind":"news","pubTimestamp":1749350503,"share":"https://ttm.financial/m/news/1124937898?lang=&edition=fundamental","pubTime":"2025-06-08 10:41","market":"us","language":"en","title":"Buy/Sell: Wall Street's Top 10 Stock Calls This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1124937898","media":"the fly","summary":"What has Wall Street been buzzing about this week?","content":"<html><head></head><body><p>What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street&#39;s best analysts during the week of June 2-6. </p><p><strong><u>Top 5 Buy Calls:</u></strong></p><p style=\"text-align: start;\"><strong>1. </strong> <a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> <strong> upgraded to Buy at UBS</strong></p><p style=\"text-align: start;\">UBS upgraded Snowflake (SNOW) to Buy from Neutral with a price target of $265, up from $210. The firm is becoming increasingly confident in the prospect that Snowflake is &#34;just a few quarters into what could prove to be a multi-year enterprise investment cycle in the data layer.&#34; This is based on industry checks as well as the results from Snowflake, Palantir and Databricks, UBS tells investors in a research note. While Snowflake shares are already up 35% year-to-date, &#34;it&#39;s not too late to get more constructive,&#34; contends the firm. UBS says its recent Snowflake customer and partner checks are signaling a &#34;clear uptick&#34; in spending in the company&#39;s data stacks, in many cases because of the greater value associated with corporate data to drive artificial intelligence application performance.</p><p style=\"text-align: start;\"><strong>2. </strong> <a href=\"https://laohu8.com/S/XYZ\">Block, Inc.</a> <strong>upgraded to Outperform at Evercore ISI</strong></p><p style=\"text-align: start;\">Evercore ISI upgraded Block (XYZ) to Outperform from In Line with a price target of $75, up from $58, implying 21% upside. The firm says Cash App lending will not be as aggressive as it thought coming out of the company&#39;s Q1 earnings. Evercore was worried that more aggressive lending to new consumers in new states with higher limits would be used to offset lower Q1 Cash App numbers, but feedback from industry contacts and multiple company follow-ups enabled a deeper understanding of Block&#39;s growth and risk tolerance balance and made the firm &#34;materially less concerned.&#34; Further, the firm&#39;s checks point to relatively steady low-end consumer spending trends, deposit rates, and unemployment deposits. Evercore also believes new product releases at Square bode well for future development efficiency and growth opportunities.</p><p style=\"text-align: start;\"><strong>3. </strong> <a href=\"https://laohu8.com/S/BA\">Boeing</a> <strong> upgraded to Buy at BofA as Trump makes aircraft a favored trade tool</strong></p><p style=\"text-align: start;\">BofA upgraded Boeing (BA) to Buy from Neutral with a &#34;Street high&#34; price target of $260, up from $185, with Boeing aircraft having emerged as the favored trade tool for the Trump Administration in recent trade deals. The firm views those recent deals struck in the UK, Qatar, UAE and China as setting a precedent for future global trade negotiations, to Boeing&#39;s benefit. While Boeing&#39;s backlog &#34;hasn&#39;t been the lynch pin to our valuation,&#34; BofA does see the progress in stabilizing production, carve-outs alleviating free cash flow burn, and a renewed focus across the portfolio all performing in concert with the &#34;favored trade mechanism&#34; status creating a buying opportunity, the firm tells investors.</p><p style=\"text-align: start;\"><strong>4. </strong> <a href=\"https://laohu8.com/S/PINS\">Pinterest, Inc.</a> <strong> upgraded to Overweight at JPMorgan</strong></p><p style=\"text-align: start;\">JPMorgan upgraded Pinterest (PINS) to Overweight from Neutral with a price target of $40, up from $35. While Pinterest shares have outperformed year-to-date, they remain down 18% from the February market highs, the firm tells investors in a research note. JPMorgan believes the company has made solid progress across its 2023 investor day priorities to grow users and deepen engagement, improve monetization, and drive profitable growth. The firm says Pinterest is leveraging its full funnel advertising approach and automation capabilities to capture a greater share of ad spending among the next tranche of advertisers. Given the company&#39;s solid execution, potential upside to estimates and &#34;lukewarm market positioning,&#34; JPMorgan views the risk/reward on shares as favorable.</p><p style=\"text-align: start;\"><strong>5. </strong> <a href=\"https://laohu8.com/S/DG\">Dollar General</a> <strong> upgraded to Outperform at Oppenheimer</strong></p><p style=\"text-align: start;\">Oppenheimer upgraded Dollar General (DG) to Outperform from Perform with a $130 price target. Following the company&#39;s stronger than expected earnings report, the firm is increasingly confident in management&#39;s ability to drive a 2%-3% comp on a sustained basis and make progress toward its 6%-7% operating margin target in 2028 and 2029. In addition, Dollar General&#39;s model has been resilient in recessionary periods, Oppenheimer tells investors in a research note. The firm believes this could drive further money flows in an increasingly uncertain backdrop as the year progresses.<br/><br/><strong><u>Top 5 Sell Calls:</u></strong></p><p style=\"text-align: start;\"><strong>1. </strong> <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> <strong> initiated with a Sell at Truist </strong></p><p style=\"text-align: start;\">Truist initiated coverage of PayPal (PYPL) with a Sell rating and $68 price target. The firm models the company&#39;s gross profit growth below the Street due mainly to competitive pressure in its branded checkout business from Apple Pay and Shop Pay as well as a lower level of float income as interest rates decline. Truist also worries that PayPal is increasing its lending business at the wrong point in the economic cycle. This creates grow-over risk in 2026, says the firm, which sees better value in other large caps under its coverage.</p><p style=\"text-align: start;\"><strong>2. </strong> <a href=\"https://laohu8.com/S/XYZ\">Block, Inc.</a> <strong> initiated with a Sell at Truist</strong></p><p style=\"text-align: start;\">Truist initiated coverage of Block with a Sell rating and $60 price target. The firm likes Block as a company long-term, but believes this is a &#34;really difficult stock to own late cycle&#34; as its two business segments are sensitive to the macro environment. In addition, Block is leaning into growth of its lending products in order to reaccelerate growth throughout 2025, which may lead to higher credit losses and a tough grow-over in 2026, Truist tells investors in a research note. As such, the firm expects the shares to underperform peers.</p><p style=\"text-align: start;\"><strong>3. </strong> <a href=\"https://laohu8.com/S/ZM\">Zoom</a> <strong> initiated with an Underweight at KeyBanc</strong></p><p style=\"text-align: start;\">KeyBanc initiated coverage of Zoom Communications (ZM) with an Underweight rating and $73 price target as part of a broader research note launch coverage of select Enterprise Software names. The company&#39;s primary video conferencing business has been under threat since the peak of the pandemic as &#34;virtual happy hours&#34; faded into the background of the 5-days-a week in-office mandates, the firm tells investors in a research note. Microsoft (MSFT) has also flexed its muscle with Teams features, capabilities, and user experience all gaining ground on Zoom, whose expansion beyond video collaboration is not &#34;terribly attractive,&#34; KeyBanc added.</p><p style=\"text-align: start;\"><strong>4. </strong> <a href=\"https://laohu8.com/S/AKAM\">Akamai</a> <strong> initiated with an Underweight at KeyBanc</strong></p><p style=\"text-align: start;\">KeyBanc initiated coverage of Akamai (AKAM) with an Underweight rating and $63 price target. The firm does not believe Akamai shares are expensive, but it sees more risk of negative catalysts than positive. The company operates in a &#34;crowded field,&#34; and pricing dynamics have a better chance to disappoint rather than surprise to the upside, KeyBanc tells investors in a research note.</p><p style=\"text-align: start;\"><strong>5. </strong> <a href=\"https://laohu8.com/S/BMBL\">Bumble Inc.</a> <strong> downgraded to Underweight at JPMorgan</strong></p><p style=\"text-align: start;\">JPMorgan downgraded Bumble (BMBL) to Underweight from Neutral with an unchanged price target of $5. The shares have traded up 50% since President Trump&#39;s &#34;Liberation Day&#34; and are not 10% above the price target. The firm struggles to justify raising the price target given its expectation for Bumble&#39;s revenue and payer declines to accelerate, regardless of the macro environment. The company&#39;s intra-quarter U.S. download trends took another step down and there is downside risk to consensus estimates, adds JPMorgan.</p></body></html>","source":"lsy1649979459173","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy/Sell: Wall Street's Top 10 Stock Calls This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy/Sell: Wall Street's Top 10 Stock Calls This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-06-08 10:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thefly.com/landingPageNews.php?id=4142364&headline=-BuySell-Wall-Streets-top--stock-calls-this-week&utm_source=https://www.google.com.hk/&utm_medium=referral&utm_campaign=referral_traffic><strong>the fly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during the week of June 2-6. Top 5 Buy Calls:1.  Snowflake ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=4142364&headline=-BuySell-Wall-Streets-top--stock-calls-this-week&utm_source=https://www.google.com.hk/&utm_medium=referral&utm_campaign=referral_traffic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake","XYZ":"Block, Inc.","PINS":"Pinterest, Inc.","AKAM":"阿克迈","PYPL":"PayPal","DG":"美国达乐公司","ZM":"Zoom","BMBL":"Bumble Inc.","BA":"波音"},"source_url":"https://thefly.com/landingPageNews.php?id=4142364&headline=-BuySell-Wall-Streets-top--stock-calls-this-week&utm_source=https://www.google.com.hk/&utm_medium=referral&utm_campaign=referral_traffic","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124937898","content_text":"What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during the week of June 2-6. Top 5 Buy Calls:1.  Snowflake  upgraded to Buy at UBSUBS upgraded Snowflake (SNOW) to Buy from Neutral with a price target of $265, up from $210. The firm is becoming increasingly confident in the prospect that Snowflake is \"just a few quarters into what could prove to be a multi-year enterprise investment cycle in the data layer.\" This is based on industry checks as well as the results from Snowflake, Palantir and Databricks, UBS tells investors in a research note. While Snowflake shares are already up 35% year-to-date, \"it's not too late to get more constructive,\" contends the firm. UBS says its recent Snowflake customer and partner checks are signaling a \"clear uptick\" in spending in the company's data stacks, in many cases because of the greater value associated with corporate data to drive artificial intelligence application performance.2.  Block, Inc. upgraded to Outperform at Evercore ISIEvercore ISI upgraded Block (XYZ) to Outperform from In Line with a price target of $75, up from $58, implying 21% upside. The firm says Cash App lending will not be as aggressive as it thought coming out of the company's Q1 earnings. Evercore was worried that more aggressive lending to new consumers in new states with higher limits would be used to offset lower Q1 Cash App numbers, but feedback from industry contacts and multiple company follow-ups enabled a deeper understanding of Block's growth and risk tolerance balance and made the firm \"materially less concerned.\" Further, the firm's checks point to relatively steady low-end consumer spending trends, deposit rates, and unemployment deposits. Evercore also believes new product releases at Square bode well for future development efficiency and growth opportunities.3.  Boeing  upgraded to Buy at BofA as Trump makes aircraft a favored trade toolBofA upgraded Boeing (BA) to Buy from Neutral with a \"Street high\" price target of $260, up from $185, with Boeing aircraft having emerged as the favored trade tool for the Trump Administration in recent trade deals. The firm views those recent deals struck in the UK, Qatar, UAE and China as setting a precedent for future global trade negotiations, to Boeing's benefit. While Boeing's backlog \"hasn't been the lynch pin to our valuation,\" BofA does see the progress in stabilizing production, carve-outs alleviating free cash flow burn, and a renewed focus across the portfolio all performing in concert with the \"favored trade mechanism\" status creating a buying opportunity, the firm tells investors.4.  Pinterest, Inc.  upgraded to Overweight at JPMorganJPMorgan upgraded Pinterest (PINS) to Overweight from Neutral with a price target of $40, up from $35. While Pinterest shares have outperformed year-to-date, they remain down 18% from the February market highs, the firm tells investors in a research note. JPMorgan believes the company has made solid progress across its 2023 investor day priorities to grow users and deepen engagement, improve monetization, and drive profitable growth. The firm says Pinterest is leveraging its full funnel advertising approach and automation capabilities to capture a greater share of ad spending among the next tranche of advertisers. Given the company's solid execution, potential upside to estimates and \"lukewarm market positioning,\" JPMorgan views the risk/reward on shares as favorable.5.  Dollar General  upgraded to Outperform at OppenheimerOppenheimer upgraded Dollar General (DG) to Outperform from Perform with a $130 price target. Following the company's stronger than expected earnings report, the firm is increasingly confident in management's ability to drive a 2%-3% comp on a sustained basis and make progress toward its 6%-7% operating margin target in 2028 and 2029. In addition, Dollar General's model has been resilient in recessionary periods, Oppenheimer tells investors in a research note. The firm believes this could drive further money flows in an increasingly uncertain backdrop as the year progresses.Top 5 Sell Calls:1.  PayPal  initiated with a Sell at Truist Truist initiated coverage of PayPal (PYPL) with a Sell rating and $68 price target. The firm models the company's gross profit growth below the Street due mainly to competitive pressure in its branded checkout business from Apple Pay and Shop Pay as well as a lower level of float income as interest rates decline. Truist also worries that PayPal is increasing its lending business at the wrong point in the economic cycle. This creates grow-over risk in 2026, says the firm, which sees better value in other large caps under its coverage.2.  Block, Inc.  initiated with a Sell at TruistTruist initiated coverage of Block with a Sell rating and $60 price target. The firm likes Block as a company long-term, but believes this is a \"really difficult stock to own late cycle\" as its two business segments are sensitive to the macro environment. In addition, Block is leaning into growth of its lending products in order to reaccelerate growth throughout 2025, which may lead to higher credit losses and a tough grow-over in 2026, Truist tells investors in a research note. As such, the firm expects the shares to underperform peers.3.  Zoom  initiated with an Underweight at KeyBancKeyBanc initiated coverage of Zoom Communications (ZM) with an Underweight rating and $73 price target as part of a broader research note launch coverage of select Enterprise Software names. The company's primary video conferencing business has been under threat since the peak of the pandemic as \"virtual happy hours\" faded into the background of the 5-days-a week in-office mandates, the firm tells investors in a research note. Microsoft (MSFT) has also flexed its muscle with Teams features, capabilities, and user experience all gaining ground on Zoom, whose expansion beyond video collaboration is not \"terribly attractive,\" KeyBanc added.4.  Akamai  initiated with an Underweight at KeyBancKeyBanc initiated coverage of Akamai (AKAM) with an Underweight rating and $63 price target. The firm does not believe Akamai shares are expensive, but it sees more risk of negative catalysts than positive. The company operates in a \"crowded field,\" and pricing dynamics have a better chance to disappoint rather than surprise to the upside, KeyBanc tells investors in a research note.5.  Bumble Inc.  downgraded to Underweight at JPMorganJPMorgan downgraded Bumble (BMBL) to Underweight from Neutral with an unchanged price target of $5. The shares have traded up 50% since President Trump's \"Liberation Day\" and are not 10% above the price target. The firm struggles to justify raising the price target given its expectation for Bumble's revenue and payer declines to accelerate, regardless of the macro environment. The company's intra-quarter U.S. download trends took another step down and there is downside risk to consensus estimates, adds JPMorgan.","news_type":1,"symbols_score_info":{"DG":1.1,"SNOW":1.1,"BA":1.1,"BMBL":1.1,"PYPL":1.1,"PINS":1.1,"ZM":1.1,"XYZ":1.1,"AKAM":1.1}},"isVote":1,"tweetType":1,"viewCount":955,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":432575009444216,"gmtCreate":1746614671873,"gmtModify":1746614675763,"author":{"id":"4121322879914382","authorId":"4121322879914382","name":"Edwht","avatar":"https://community-static.tradeup.com/news/6ba34540ee511d68db8aea4f817fb35d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4121322879914382","idStr":"4121322879914382"},"themes":[],"htmlText":"Looks like a&nbsp;solid deal.","listText":"Looks like a&nbsp;solid deal.","text":"Looks like a solid deal.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/432575009444216","repostId":"2533601366","repostType":4,"repost":{"id":"2533601366","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1746613478,"share":"https://ttm.financial/m/news/2533601366?lang=&edition=fundamental","pubTime":"2025-05-07 18:24","market":"nz","language":"en","title":"Grab Looks to Strike a Deal to Acquire Indonesia's GoTo in Q2, Sources Say","url":"https://stock-news.laohu8.com/highlight/detail?id=2533601366","media":"Reuters","summary":"Grab looks to strike a deal to acquire Indonesia's GoTo in Q2, sources sayBy Yantoultra Ngui, Kane Wu and Fanny PotkinSINGAPORE/HONG KONG, May 7 (Reuters) - U.S.-listed ride-hailing and food delivery ","content":"<html><head></head><body><p>U.S.-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival GoTo (GOTO.JK), opens new tab in the second quarter, two sources with knowledge of the matter said.</p><p>Singapore-headquartered Grab has hired advisors to work on the proposed deal, the two sources added. The deal is subject to terms such as financing, which Grab is in discussion with banks, one of the sources added.</p><p style=\"text-align: start;\">The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here.</p><p>Both Grab and GoTo declined to comment.</p><p>Grab is looking to buy GoTo&#39;s businesses at around $7 billion, according to a separate source with knowledge of the matter. Jakarta-listed GoTo&#39;s shares have climbed 20% year-to-date, giving it a market value of around $5.8 billion, LSEG data showed.</p><p>Grab&#39;s shares on Nasdaq were up 2.4% so far this year, giving it a market value of nearly $20 billion, according to LSEG data.</p><p>GoTo will be selling off its international unit in Singapore to Grab, two separate sources familiar with the matter said. In Indonesia, GoTo will sell its entire operations except its finance arm to Grab, one of the two sources added.</p><p>Grab, backed by Uber, offers services consisting of deliveries, mobility and financial services, among others, according to its website.</p><p>GoTo, whose investors include SoftBank and Taobao China Holding, described itself as Indonesia&#39;s largest digital ecosystem that provides e-commerce services and banking services, its website showed.</p><p>A merger between Grab and GoTo would create a giant in the ride-hailing industry in Southeast Asia dominating around 85% of the $8 billion market, according to data analytics company, Euromonitor International, opens new tab.</p><p>&#34;The combined entity would hold a market share of over 91% in Indonesia, and almost 90% in Singapore,&#34; said David Zhang, Euromonitor International&#39;s insights manager of payments and lending in Asia.</p><p>&#34;Markets especially in Indonesia and Singapore will impose strict scrutiny,&#34; he said, adding that the merger will likely be blocked by regulators in key markets in Southeast Asia.</p><p>Indonesian stockbroker BRI Danareksa Sekuritas&#39; analyst Niko Margaronis, who covers GoTo, said that the Indonesian authorities may adopt a more pragmatic approach when assessing a potential merger, weighing the benefits of strengthening existing players and fostering long-term economic value.</p><p>Antitrust scrutiny has intensified significantly against the backdrop of rising cost of living driven by uncertain global macroeconomic environment made worse by U.S. President Donald Trump&#39;s tariffs.</p><p>In March, Uber terminated its $950 million bid for Delivery Hero&#39;s Foodpanda business in Taiwan after Taiwan blocked the proposed deal on anti-competitive concerns and worries over it could incentivize Uber to raise prices.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab Looks to Strike a Deal to Acquire Indonesia's GoTo in Q2, Sources Say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab Looks to Strike a Deal to Acquire Indonesia's GoTo in Q2, Sources Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-07 18:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S.-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival GoTo (GOTO.JK), opens new tab in the second quarter, two sources with knowledge of the matter said.</p><p>Singapore-headquartered Grab has hired advisors to work on the proposed deal, the two sources added. The deal is subject to terms such as financing, which Grab is in discussion with banks, one of the sources added.</p><p style=\"text-align: start;\">The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here.</p><p>Both Grab and GoTo declined to comment.</p><p>Grab is looking to buy GoTo&#39;s businesses at around $7 billion, according to a separate source with knowledge of the matter. Jakarta-listed GoTo&#39;s shares have climbed 20% year-to-date, giving it a market value of around $5.8 billion, LSEG data showed.</p><p>Grab&#39;s shares on Nasdaq were up 2.4% so far this year, giving it a market value of nearly $20 billion, according to LSEG data.</p><p>GoTo will be selling off its international unit in Singapore to Grab, two separate sources familiar with the matter said. In Indonesia, GoTo will sell its entire operations except its finance arm to Grab, one of the two sources added.</p><p>Grab, backed by Uber, offers services consisting of deliveries, mobility and financial services, among others, according to its website.</p><p>GoTo, whose investors include SoftBank and Taobao China Holding, described itself as Indonesia&#39;s largest digital ecosystem that provides e-commerce services and banking services, its website showed.</p><p>A merger between Grab and GoTo would create a giant in the ride-hailing industry in Southeast Asia dominating around 85% of the $8 billion market, according to data analytics company, Euromonitor International, opens new tab.</p><p>&#34;The combined entity would hold a market share of over 91% in Indonesia, and almost 90% in Singapore,&#34; said David Zhang, Euromonitor International&#39;s insights manager of payments and lending in Asia.</p><p>&#34;Markets especially in Indonesia and Singapore will impose strict scrutiny,&#34; he said, adding that the merger will likely be blocked by regulators in key markets in Southeast Asia.</p><p>Indonesian stockbroker BRI Danareksa Sekuritas&#39; analyst Niko Margaronis, who covers GoTo, said that the Indonesian authorities may adopt a more pragmatic approach when assessing a potential merger, weighing the benefits of strengthening existing players and fostering long-term economic value.</p><p>Antitrust scrutiny has intensified significantly against the backdrop of rising cost of living driven by uncertain global macroeconomic environment made worse by U.S. President Donald Trump&#39;s tariffs.</p><p>In March, Uber terminated its $950 million bid for Delivery Hero&#39;s Foodpanda business in Taiwan after Taiwan blocked the proposed deal on anti-competitive concerns and worries over it could incentivize Uber to raise prices.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4022":"陆运","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","BK4230":"旅客陆运","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999013478.USD":"利安新加坡股息基金","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","SG9999002406.SGD":"利安新加坡信托基金","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","GRAB":"Grab Holdings","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK4122":"互联网与直销零售"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250507:nL1N3RF0EQ:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2533601366","content_text":"U.S.-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival GoTo (GOTO.JK), opens new tab in the second quarter, two sources with knowledge of the matter said.Singapore-headquartered Grab has hired advisors to work on the proposed deal, the two sources added. The deal is subject to terms such as financing, which Grab is in discussion with banks, one of the sources added.The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here.Both Grab and GoTo declined to comment.Grab is looking to buy GoTo's businesses at around $7 billion, according to a separate source with knowledge of the matter. Jakarta-listed GoTo's shares have climbed 20% year-to-date, giving it a market value of around $5.8 billion, LSEG data showed.Grab's shares on Nasdaq were up 2.4% so far this year, giving it a market value of nearly $20 billion, according to LSEG data.GoTo will be selling off its international unit in Singapore to Grab, two separate sources familiar with the matter said. In Indonesia, GoTo will sell its entire operations except its finance arm to Grab, one of the two sources added.Grab, backed by Uber, offers services consisting of deliveries, mobility and financial services, among others, according to its website.GoTo, whose investors include SoftBank and Taobao China Holding, described itself as Indonesia's largest digital ecosystem that provides e-commerce services and banking services, its website showed.A merger between Grab and GoTo would create a giant in the ride-hailing industry in Southeast Asia dominating around 85% of the $8 billion market, according to data analytics company, Euromonitor International, opens new tab.\"The combined entity would hold a market share of over 91% in Indonesia, and almost 90% in Singapore,\" said David Zhang, Euromonitor International's insights manager of payments and lending in Asia.\"Markets especially in Indonesia and Singapore will impose strict scrutiny,\" he said, adding that the merger will likely be blocked by regulators in key markets in Southeast Asia.Indonesian stockbroker BRI Danareksa Sekuritas' analyst Niko Margaronis, who covers GoTo, said that the Indonesian authorities may adopt a more pragmatic approach when assessing a potential merger, weighing the benefits of strengthening existing players and fostering long-term economic value.Antitrust scrutiny has intensified significantly against the backdrop of rising cost of living driven by uncertain global macroeconomic environment made worse by U.S. President Donald Trump's tariffs.In March, Uber terminated its $950 million bid for Delivery Hero's Foodpanda business in Taiwan after Taiwan blocked the proposed deal on anti-competitive concerns and worries over it could incentivize Uber to raise prices.","news_type":1,"symbols_score_info":{"GRAB":0.9}},"isVote":1,"tweetType":1,"viewCount":1078,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":430654179160240,"gmtCreate":1746181420489,"gmtModify":1746181424354,"author":{"id":"4121322879914382","authorId":"4121322879914382","name":"Edwht","avatar":"https://community-static.tradeup.com/news/6ba34540ee511d68db8aea4f817fb35d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4121322879914382","idStr":"4121322879914382"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$ </a> will it break thru 5. Up up","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$ </a> will it break thru 5. Up up","text":"$Grab Holdings(GRAB)$ will it break thru 5. Up up","images":[{"img":"https://community-static.tradeup.com/news/456870083f5be15527b15e15f733a84f","width":"878","height":"1703"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/430654179160240","isVote":1,"tweetType":1,"viewCount":1053,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":429346448069104,"gmtCreate":1745844104024,"gmtModify":1745844112434,"author":{"id":"4121322879914382","authorId":"4121322879914382","name":"Edwht","avatar":"https://community-static.tradeup.com/news/6ba34540ee511d68db8aea4f817fb35d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4121322879914382","idStr":"4121322879914382"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$ </a> up up up","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$ </a> up up up","text":"$Grab Holdings(GRAB)$ up up up","images":[{"img":"https://community-static.tradeup.com/news/35d1e1c46ebe0b4bc3b9958355c753a3","width":"878","height":"1703"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/429346448069104","isVote":1,"tweetType":1,"viewCount":1167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":429346060886488,"gmtCreate":1745843924483,"gmtModify":1745843927337,"author":{"id":"4121322879914382","authorId":"4121322879914382","name":"Edwht","avatar":"https://community-static.tradeup.com/news/6ba34540ee511d68db8aea4f817fb35d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4121322879914382","idStr":"4121322879914382"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a><v-v data-views=\"1\"></v-v> revenue keep on coming from the south east Asia.","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a><v-v data-views=\"1\"></v-v> revenue keep on coming from the south east Asia.","text":"$Grab Holdings(GRAB)$ revenue keep on coming from the south east Asia.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/429346060886488","isVote":1,"tweetType":1,"viewCount":1789,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":428485536534856,"gmtCreate":1745642537320,"gmtModify":1745642540826,"author":{"id":"4121322879914382","authorId":"4121322879914382","name":"Edwht","avatar":"https://community-static.tradeup.com/news/6ba34540ee511d68db8aea4f817fb35d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4121322879914382","idStr":"4121322879914382"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$ </a>&nbsp;","text":"$Grab Holdings(GRAB)$","images":[{"img":"https://community-static.tradeup.com/news/6d5ab9958ed724acdbf1602601f0c200","width":"878","height":"1703"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/428485536534856","isVote":1,"tweetType":1,"viewCount":939,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":428483926352720,"gmtCreate":1745642494957,"gmtModify":1745997351313,"author":{"id":"4121322879914382","authorId":"4121322879914382","name":"Edwht","avatar":"https://community-static.tradeup.com/news/6ba34540ee511d68db8aea4f817fb35d","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4121322879914382","idStr":"4121322879914382"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$ </a> yeay.. Go go GRAB","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$ </a> yeay.. Go go GRAB","text":"$Grab Holdings(GRAB)$ yeay.. Go go GRAB","images":[{"img":"https://community-static.tradeup.com/news/a8811831ee5c025e712766c3ee944a1c","width":"878","height":"1703"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/428483926352720","isVote":1,"tweetType":1,"viewCount":1487,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}