Peter Oey on Stash acquisition
From GRAB 2025 Q4 Earnings Call · · 跟著美股走 Follow US Stock!
“It is a positive IBIDA business today. It is generating free cash flow positive and we see this business generating $60 million in IBIDA in 2028. So it's an accretive business that we see. But really it's important that we also serve our user base today not only in extending loans but also teaching them how to save.”
On , Peter Oey, Chief Financial Officer & Director at Grab Holdings, spoke about Stash acquisition during GRAB 2025 Q4 Earnings Call on 跟著美股走 Follow US Stock!.
About Peter Oey
Peter Oey, chief financial officer of Grab, stated in a May 2026 interview that rising fuel prices from the Iran conflict had not affected demand, citing robust growth in April with an all-time high in delivery transactions. He said Grab was on track to break even in its financial services business by the end of 2026, noting that the company's gross loan portfolio reached $1.4 billion and loan disbursements exceeded $1 billion in the first quarter. Oey also discussed the company's investment in AI infrastructure, describing it as a "conscious decision" to build a tokenization stack and cloud capacity. Oey described Southeast Asia as a "big opportunity" due to a young, mobile-first population and a growing middle-income bracket. He noted that Grab generated $15 billion for drivers and merchants in the previous year and emphasized the company's role in providing credit to those without access to traditional banking. Oey also highlighted a $400 million accelerated share repurchase program, calling it a reflection of Grab's conviction in its long-term value. He stated that Grab was preparing for the potential deployment of autonomous vehicles in the region through partnerships and investments, while continuing to focus on product expansion and affordability.