Top 10 Companies by Market Capitalization in Singapore: Grab and Shopee's Parent Company Included

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Cindy Mutia Annur 06/11/2023 20:53 WIB

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Grab and Shopee's parent company are among the top 10 companies by market capitalization in Singapore as of November 6, 2023.

Top 10 Companies by Market Capitalization in Singapore (November 6, 2023)

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Top 10 Companies by Market Capitalization in Singapore (November 6, 2023)

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Grab and its parent company, Shopee, are among the top 10 companies with the largest market capitalization in Singapore.

Based on Companies Market Cap data, Grab's market capitalization reached US$12.14 billion or approximately Rp188.64 trillion as of November 6, 2023 (exchange rate Rp15,539/US$).

This on-demand service provider ranks 8th in Singapore. Grab's market capitalization is below that of Singapore Airlines, which has a market capitalization of US$13.95 billion.

According to Companies Market Cap data, Grab's market capitalization has been declining over the past two years. Compared to its position at the end of last year, the company's capitalization is down 2.09% (year-to-date/ytd). Grab's market capitalization as of December 31, 2022, was US$12.4 billion.

Meanwhile, Shopee's and Garena's parent company, Sea Group, has a market capitalization of US$25.47 billion, ranking 5th among the largest companies in Singapore.

Similar to Grab, Sea Group's market capitalization has also been declining over the past two years. The company's market capitalization is down 12.84% (ytd) compared to the end of 2022.

DBS Group holds the top position as the largest company in Singapore, with a market capitalization of US$64.53 billion.

Here is a complete list of the top 10 companies with the largest market capitalization in Singapore as of November 6, 2023:

1. DBS Group: US$64.53 billion
2. OCBC Bank: US$43.81 billion
3. UOB: US$34.72 billion
4. Singtel: US$30.24 billion
5. Sea Group: US$25.47 billion
6. Wilmar International: US$16.8 billion
7. Singapore Airlines: US$13.95 billion
8. Grab Holdings: US$12.14 billion
9. CapitaLand Investment Limited: US$11.88 billion
10. Flex: US$11.36 billion

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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