N30
05-17

$Grab Holdings(GRAB)$ Profitability concerns. Grab is not a new start up. It has a history of losses, and it's unclear when or if the company will ever achieve sustained profitability.

@Daily_Discussion  @TigerEvents  @黑豹钻石拳  

Can Grab Bring Surprise This Earnings?
Grab Holdings will report earnings on Wednesday after hours. EPS is expected at -$0.01, an 83.33% rise from last year. Revenue forecasted at $651.42 million, up 24.08% from the previous year. -------------------- What's your target price for Grab?
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

  • Tutuboi
    05-17
    Tutuboi
    Im a grab driver in sg. It uses this new NFS commision structure to boost their “revenue”. It is not transparent to us how much commision they actually take, coukd me 20, could be 25. They also reduce autp suggestions to riders to upsize the service uf the main servuce (JG) is not available, thus allowing the frustrated riders to try other platforms. It concentrates alot on grabshare which reduces the fares by 20%, and with nfs driver gets back like 50-60% of normal JG fares. Anthony says in his statement that drivers earninfs are trending up, which is utterly bullshit. Many started driving for Tada as we can choose the bookings that are reasonable and 0 commision. I reckon the market share for ride hailing is dwilding down slowly at least in SG. Hate to say this but i hope grab fails.
    • N30: 
      Thank you for sharing 🙏
  • Vincent Seng
    05-17
    Vincent Seng
    Correct. keen competition.
    This business quite reality, if i were grab driver or delivery guy, other competitor company subsidize more, u think who i choose to work with? Grab use this method to defeat other competitor b4, new competitor can use the same method and it should loss the driver/delivery guy fast if not all.
Leave a comment
3
7