Grab Peels off 7% After Singapore Regulator Increases Focus on Ride-Hailing Services

seekingalpha2023-09-14

Grab Holdings Limited (NASDAQ:GRAB) fell on Wednesday following an announcement that Singapore's Land Transport Authority will investigate the supply of taxi and ride-hailing services as part of a ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SudTradepro
    2023-09-14
    SudTradepro
    time to load $ComfortDelgro. Real Taxi Business in Singapore... They are still not reached peak price pre covid.  Current price looks cheap .. 
  • Hit n Run
    2023-09-14
    Hit n Run
    Some experienced workers after joining as a pte hired driver, choose not to return to their previous proffession. They can still earn reasonable well income, the job has flexibility and no need to do reports and attend meetings.. Im not sure this is healthy for the industry as a whole when we  are in need of experienced workers to move forward. 
  • Success88
    2023-09-14
    Success88
    Yes indeed Singapore too much taxi and grab private vehicle. Soon or later Grab will exit for private hiring service and only focus on food delivery. 
Leave a comment
3
3