1. Grab Holdings, often referred to as the 'Uber of Southeast Asia', has seen its shares drop by over 72% since its IPO in 2021. 2. Despite this, the company's financials are improving, with a path to profitability expected by late this year or early 2025. 3. With a more reasonable valuation and potential for a re-rating due to improved profitability, the stock could see significant upside, similar to Uber's trajectory.