Dan1192
02-08

$Grab Holdings(GRAB)$  or Dash?!

Being in Singapore, a Singapore tech company founded by a Malaysian with deep pockets and strong connections is always something that pips my excitement. 


Started as a protectionism mechanism to protect against the sprawling web of $Uber(UBER)$ at the time, fuelled by $DiDi Global Inc.(DIDIY)$ success in China, Grab quickly gained prominence in the Singapore and Malaysia market.


From a consumer perspective and my experience with the various acquaintances working in Grab and gig workers supporting grab, I would say Grab is, at best, a leaking ship. They are losing talents and gig workers to the manpower crunch in this region. I'm not 100% sure of the reaaon, but my gut tells me the stakeholders are running out of patience and they are pushing for the bottom line.


As a retailer investor, money is finite and there are definitely better places to put your money. 




Post-note - I am a swing trader who spends 2hrs a day after my daughter sleeps every night. I am focused on momentum and growth stocks, but I'm bad at timing entry/exit so read at your own discretion. 

help me decide my next pick!(Maximum1 votes)
  • Apple(1 votes)
  • BYD(2 votes)
  • Amazon(2 votes)
  • others (comment!)(2 votes)
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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Comments

  • Pradyumn
    02-10
    Pradyumn

    Great ariticle, would you like to share it?

  • Dan1192
    02-09
    Dan1192
    Wishing everyone a prosperous Lunar New Year!
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