Grab Holdings Limited (NASDAQ:GRAB) is one of the Best Stocks Under $10 to Buy and Hold Forever. On March 23, Barclays reiterated an Overweight rating on Grab Holdings Limited (NASDAQ:GRAB) with a price target of $7.

​The rating comes after the company announced the acquisition of Foodpanda’s Taiwan business for $600 million in cash. The deal marks Grab’s first expansion beyond Southeast Asia into its ninth market. The firm noted that transaction values Foodpanda at 0.33x 2025 EV/GMV and is set to close in the second half of 2026 pending approvals.

​Moreover, the firm also noted that Foodpanda and Uber Eats split Taiwan’s food delivery market roughly evenly, with Foodpanda posting $1.8 billion GMV across 21 cities in 2025 at 10% user penetration. Barclays noted that the acquisition expands Grab’s addressable delivery market by over $40 billion from Taiwan to its existing $200 billion Southeast Asian base.

​Grab Holdings Limited (NASDAQ:GRAB) provides millions of consumers access to its merchant and driver partners for food delivery, ride or taxi hailing, package delivery, payment for online purchases, and services such as telemedicine, lending, and insurance through its application.​

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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