$Grab Holdings(GRAB)$ grabBull

2023-08-23

Grab is approaching profitability and they are reducing their adjusted EBITDA losses from every year.

Now moving into dining space allowing users to pre-purchase dine-in vouchers at up to 50% discount, it gives an opportunity to grow and target many more audience because who doesn't love vouchers and late night food deliveries?

Sure there are other competitors, but it doesn't have as many features available as Grab and limited only to some countries. This makes Grab their default transportation App.

Will Grab slide more with focus on ride-hailing services?

Grab fell 8% on Wednesday following an announcement that Singapore's Land Transport Authority will investigate the supply of taxi and ride-hailing services. --------------- Will Grab continue to slide? How will Singapore regulators' focus on ride-hailing services affect Grab? What's your target price for Grab?

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