Grab Holdings shares fall 5.83% after-hours as market questions AI robotics acquisition's impact on logistics edge.

Grab Holdings fell 5.83% in after-hours trading, driven by mixed market sentiment amid recent strategic announcements. Despite news of Grab's partnership with GAC for Southeast Asia's EV push and its acquisition of AI robotics firm Infermove to enhance delivery capabilities, analysts remain skeptical about the long-term profitability of these initiatives. Simultaneously, valuation concerns emerged, with Grab's price-to-sales ratio (5.86x) significantly exceeding its "fair ratio" of 2.87x, signaling potential overvaluation. While BarCap maintained a "buy" rating with a $7 target, broader market volatility and questions about the effectiveness of Grab's super-app strategy in Southeast Asia contributed to investor caution. The stock's underperformance relative to the broader market highlights lingering doubts about its ability to translate strategic bets into sustainable growth.