10 Best Low Priced Stocks to Invest in Now

5. Grab Holdings Limited (NASDAQ:GRAB)

Number of Hedge Fund Investors: 39

Stock Price as of December 24: $4.94

Grab Holdings Limited (NASDAQ:GRAB) is a leading Southeast Asian super app offering a diverse range of on-demand services, including ride-hailing, food delivery, and financial services. The company’s acquisition of Uber’s Southeast Asian operations in 2018 solidified its position as the market leader. Grab Holdings Limited (NASDAQ:GRAB) operates in multiple countries such as Singapore, Malaysia, Thailand,  Vietnam, and Indonesia.

One of the most exciting growth areas for Grab Holdings Limited (NASDAQ:GRAB) is its Digital Financial Services division. Southeast Asia is home to a significant unbanked population, which presents a vast market opportunity for the company. Grab Holdings Limited (NASDAQ:GRAB) recently introduced its FlexiLoan product, which offers flexible repayment terms. Unlike traditional banks, Grab Holdings Limited (NASDAQ:GRAB) leverages non-traditional data points such as spending habits, ride-hailing history, and location data to create more accurate and inclusive financial models. This approach not only helps in identifying creditworthy individuals who would otherwise be overlooked by traditional financial institutions but also builds trust and loyalty among users who have a strong affinity for the company’s brand.

To further strengthen its position, Grab Holdings Limited (NASDAQ:GRAB) is investing in technology to enhance user experience, optimize logistics, and reduce operational costs. For instance, the integration of AI and machine learning in route optimization and demand prediction has significantly improved service efficiency and customer satisfaction, driving higher user retention and more frequent usage of the app.