To The Moon

As $Grab Holdings(GRAB)$   announces its earnings next Wednesday, many investors will be looking at its current price now. I don't think that's accurate because its price is reflective of the general market conditions.

I think Grab has been doing well, despite inflation but will face higher expectations because of its previous losses. "Burning money" is a term often associated with Grab as it sustains its business. However, I still believe that Grab is here to stay and it is enroute to profitability. 

Even though its fees are a bit higher compared to other transport hailing rivals like Gojek, Gojek is also "burning money" as it tries to keep costs low for the consumer. With a sound plan to sustain its business, I believe Grab can regain customer loyalty through its initiatives such as the Grabfood Unlimited subscription and driver loyalty incentives. I believe that it is able to expand the gig economy through food delivery services and ride hailing services if it maintains this loyalty and continuously improves on its services and business model.

@TigerStars  @MillionaireTiger  @CaptainTiger