$Grab Holdings(GRAB)$  It may be a dorminant player now in SEA but may not be in future, especially now the market is extremely competitive, and this will definitely affect the margin. They are already overcharging the riders and drivers and yet they are still strugglling to turn profitable despite being around for more than a decade. The key riskremains it's the timeline for profitability which is the main concern for the investors. Also, the digital bank partnership with SingTel has struggled to gain significant traction. Consumers perceive Grab as a ride-hailing and delivery company, and it's not easy to build trust as a financial services provider. So, back to the question - how is this company undervalued? I would love to hear your view. Thanks @koolgal