Grab shows strong growth and resilience despite 30% stock drop, with buyback and growth targets boosting confidence.

Grab has demonstrated strong gross bookings growth and resilience amid macroeconomic challenges, despite its stock falling about 30% over the past year. The company benefits from rapid economic growth in Southeast Asia and diversified revenue streams across mobility, delivery, and financial services. Management's $500 million stock buyback and a target of over 20% revenue CAGR through 2028 highlight confidence in long-term profitability and valuation upside. This presents a compelling buying opportunity as the stock price does not reflect the company's robust fundamentals and recent strong Q1 results.