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台湾并购案受阻 Grab战略重心回归东南亚主场

2026-11-03 21:35:31 网络 阅读(1)

东南亚叫车与外送巨头 Grab 近期迎来战略转折点。在跨出东南亚、进军台湾市场的收购案宣告受阻后,公司管理层明确宣示将战略重心重新回归东南亚本土市场。

台湾并购案受阻 Grab战略重心回归东南亚主场

与此同时,Grab 公布的 2026 年第三季财报表现亮眼,三大核心业务首度同时实现获利,并因应营运强劲动能,今年第二度上调全年业绩指引。

Grab 原拟以约 6 亿美元收购外卖英雄(Delivery Hero)在台湾的 Foodpanda 业务,作为走出东南亚的首度跨国扩张尝试。然而,交易遭监管机构以维护市场竞争为由否决,Grab 预计于第四季计提 6,000 万美元的交易终止补偿金。

针对海外扩张挫折,Grab 财务长Peter Oey受访时坦言:「并购这类非内生扩张存在很大不确定性。因此我们聚焦于自己可以掌控的事情,也就是业务的有机成长。」

Oey表示,虽然未来不排除评估其他合适机会,但「台湾已不在当前业务规划内」,Grab 当前的首要任务是「在东南亚本土市场为平台争取更多用户」。

虽然跨国并购受阻,Grab 本业营运却展现强劲爆发力。第三季营业收入达 11.1 亿美元(年增 27%),净利为 1,800 万美元;调整后息税折旧摊销前利润(EBITDA)达 2.37 亿美元,创下历史新高,年增幅达 73%。

最令市场瞩目的是,移动服务(Mobility)、外送(Deliveries)及金融服务(Financial Services)三大核心部门首度同时达成调整后 EBITDA 获利。其中长期承担亏损的金融服务部门调整后 EBITDA 达 1,200 万美元,实现首度转正。

鉴于营运表现优于预期,Grab 将 2026 全年营收指引上调至 41.5 亿至 42.0 亿美元,全年调整后 EBITDA 指引大幅调升至 7.9 亿至 8.0 亿美元。公司同时重申 2028 年调整后 EBITDA 达 17 亿美元的长期目标。

Grab 执行长陈炳耀(Anthony Tan)指出:「这是我们首次实现三大核心业务同时获利……AI 目前已驱动 Grab 生态系的每个层级,我们秉持『以人为本的 AI』来简化用户体验,并促进合作伙伴的收益成长。」

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      "createdAt": "2026-11-03T07:40:03.000Z",
      "description": "现代起亚Q3合计营收3651亿元人民币、营业利润214亿元,全球批发销量176.8万辆
现代Q3营收年减3.4%、净利跌24.2%,因罢工与断链下修全年批发量至4百万辆,营利率指引降至5.5%-6.5%
中国车厂加速出海压缩韩系定价权;欧洲份额7.1%遭比亚迪、奇瑞逼近,泰国纯电注册鹿厂合计拿下9成",
      "pv": 2,
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    {
      "id": 23050,
      "title": "〈陆股盘后〉沪指守住3,600点 三大指数走低",
      "shortTitle": "〈陆股盘后〉沪指守住3,600点 三大指数走低",
      "img": "https://cimg.cnyes.cool/prod/news/6644361/l/908f22aa78c2a3257e215ce29576e846.jpg",
      "createdAt": "2026-11-03T08:30:04.000Z",
      "description": "上证跌0.82%,深证跌1.21%,创业板跌2.73%。
两市及北交所共2,104家上涨,3,308家下跌。
成交额为人民币1.7034兆元,较前一交易日减少803亿元。",
      "pv": 1,
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      "name": "实时",
      "path": "/hour"
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    {
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      "title": "观望期中选举与骇客阴霾袭卷 比特币跌破7.7万美元 创1个月新低",
      "shortTitle": "观望期中选举与骇客阴霾袭卷 比特币跌破7.7万美元 创1个月",
      "img": "https://cimg.cnyes.cool/prod/news/6645056/l/596dba6d3705b72392d7c03d9c8da135.jpg",
      "createdAt": "2026-11-03T07:50:07.000Z",
      "description": "比特币周二跌至76,500美元附近,创1个多月新低。
美期中选举在即,民主党若夺回国会恐增友善加密法案难度,市场降低风险部位。
币安遭骇损失60亿美元、美国比特币现货ETF净流出;股市卖压也压抑加密市场。",
      "pv": 1,
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    {
      "id": 23063,
      "title": "全球央行狂买黄金!Q3买进321吨创2024年底来最高 中国、波兰成最大买家",
      "shortTitle": "全球央行狂买黄金!Q3买进321吨创2024年底来最高 中国",
      "img": "https://cimg.cnyes.cool/prod/news/6645036/l/d43d1775eb86bd370b10bd1bd6a83691.jpg",
      "createdAt": "2026-11-03T09:30:02.000Z",
      "description": "WGC:各国央行第3季净买进黄金321吨,创2024年第4季以来单季最高;今年截至9月底估达675吨。
中国、波兰第3季增持最多,俄罗斯卖出19吨,金价走弱可能促央行加快买金。
WGC下修今年黄金投资需求成长预估至200吨;第3季金饰需求跌17%至313吨。",
      "pv": 1,
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      "createdAt": "2026-11-03T09:20:03.000Z",
      "description": "美国财政部估10至12月举借6180亿美元,表面较8月少100亿;惟排除现金余额后,实际需求反增240亿。
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10年期美债殖利率跌逾2个基点至4.906%,市场聚焦11月4日再融资声明与各期限公债发行规模。",
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原油实现售价年增35%至每桶95.20美元,下游EBIT达103亿美元,年增234%;液体产量则减少约10%。
出口设施遭攻击,营业现金流387亿美元、自由现金流282亿美元;第四季将支付219亿美元基本股利。",
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    {
      "id": 23083,
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      "shortTitle": "美推动缅甸和平谈判 以获取稀土资源抗衡中国影响力",
      "img": "https://cimg.cnyes.cool/prod/news/6645292/l/55dd94b874f686d680f6931e45a90de5.jpg",
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自2021年军方政变后,美西方制裁反让中国藉基建与关键矿产供应链,深化在缅甸的影响力。
美方盼2030年前促成和平协议、3场多方论坛,并推动打击诈骗中心与三倍扩大对缅出口。",
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The Kobeissi Letter称科技股抛售不只是修正。
Alphabet财报失色拖累Meta、Amazon,英特尔与ServiceNow因财测失利重挫;但多数机构看好选后股市。",
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AI电子产品需求带动商品出口年增30.4%,带动进口、投资与零售同步回升
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插混售17.98万元起,满油满电续航逾1300公里;市场看好硬派外观结合家用调校。",
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    "description": "Grab收购台湾Foodpanda遭否决,第四季将提列6,000万美元终止补偿金
财务长称台湾不在规划内,重心回到东南亚本土市场与有机成长
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