$Grab Holdings(GRAB)$ 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.
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