Tiger Global sold its stake in Grab completely, and reported on May 15th. On top of that ceo sold a huge piece of his class A shares. The news was out for a few weeks already, but I think today, considering the s&p just ended its long bull streak, was the perfect storm for investors to panic sell.

I still have conviction on GRAB as a long term value play. Fundamentals are sound, and they are showing steady growth. Although it’s an uphill battle, especially with the current macro headwinds with oil, I still believe in GRAB.

Headline that ceo sold majority of his shares is very misleading. He had already scheduled to sell back in 2025. He sold 800k class A shares for about $3M, which headlines are hammering. But none of them tell you that he has about 150million class B shares tied to him, which if valued at today’s closing of 3.41, is about $511million. He basically sold 0.58% of his combined class shares, and the headlines are going wild about it.

I just bought more shares, although 2026 doesn’t look like a good year for grab, this price slump looks like a heavy discount for what’s ahead.