Grab SPAC Presentation Deck
Attractively priced relative to our global peers
2022E multiple
2023E multiple
Peer 2022E average: 10x
Peer 2023E average: 8x
12x
1.
2.
Enterprise
value /
revenue
Growth
adjusted
enterprise
value /
revenue¹
2020-2022
Revenue CAGR
2020-2023
Revenue CAGR
9-11x
7-8x
0.23x-0.24x
0.17x-0.18x
Grab²
43%
42%
11x
0.40x
0.31x
8x
DOORDASH
27%
27%
Peer 2022E average: 0.23x
Peer 2023E average: 0.17x
0.18x 0.17x
9x
sea
cam
65%
52%
7x
0.11x 0.11x
6x
美团
meituan.com
64%
49%
Source: FactSet as of Mar 12, 2021
2022 metric defined as 2022 revenue multiple divided by 2020-2022 revenue CAGR, 2023 metric defined as 2023 revenue multiple divided by 2020-2023 revenue CAGR;
Grab figures based on adjusted net revenue
10x
0.23x
0.17x
7x
mercado
libre
44%
42%
10x
0.47x
0.38x
8x
PayPal
20%
21%
51View entire presentation