Grab Holdings (NASDAQ: GRAB) is a smaller, speculative play with too many things going for it not to own it.
To begin, the company is positioned as the leading consumer app in Southeast Asia. That may not sound like a huge deal, but Southeast Asia is growing at an above-average pace, driven by tourism, foreign investment, and consumer demand—primarily coming from a surging middle class. That middle class is expected to grow by at least 30% over the next four years, creating a $4 trillion consumer market.
