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Grab Holdings Limited (NASDAQ:GRAB) is one of the 7 Best Strong Buy Asian Stocks to Invest In. On April 1, 2026, WeRide and Grab Holdings Limited (NASDAQ:GRAB) launched public operations of their Autonomously Intelligent Ride service in Punggol, marking the first autonomous passenger service deployed in a residential estate in Singapore. The companies said more than 1,000 passengers participated in trials since January, helping refine the service, and the Ai.R fleet has logged 30,000 kilometers of autonomous driving to date.

On March 23, 2026, Jefferies analyst Thomas Chong reiterated a Buy rating and $6.70 price target on Grab Holdings, citing its agreement to acquire foodpanda’s Taiwan business. Thomas Chong said the $600M cash deal was unexpected and could be accretive to adjusted EBITDA by 2028, adding that the transaction allows Grab to expand its delivery model into Taiwan at a valuation reflecting a discount to a prior offer.

Earlier that day, Grab and Delivery Hero agreed for Grab to acquire foodpanda’s Taiwan operations for $600M on a cash-free, debt-free basis, subject to regulatory approvals and expected to close in the second half of 2026. The business generated about $1.8B in Gross Merchandise Value in 2025 and is profitable on an adjusted EBITDA basis, with Grab targeting full platform migration by early 2027 and expecting the deal to contribute at least $60M in incremental adjusted EBITDA by 2028.

Grab Holdings Limited (NASDAQ:GRAB) operates a superapp offering delivery, mobility, and digital services across Southeast Asia.

While we acknowledge the potential of GRAB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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