It is really cheap price to buy a share for. stable company for 5$ only !!!
What make Grab is different than other. company. Rideshares in General make. money more than resturants and thier drivers . Let us break it down
Grab charge resturants between 20% to 30 precents for each order . For example customer order from grab a food for 100$ . With delivary is 5 $ so totall bill will be 105 SGD for example . I want to show you here how much grab will earn and how much resturant wi earn and how much rider will earn .
Let us talk about 20 %
Grab will earn 20$ from resturant . And 1 $ from driver , so total earning is 21 $ for this order . And rider will earn 4$ and resturant will earn 80$
Let us dive in detials and show the cost of these 3 partners . Grab , resturant and the rider
Resturant will break down the 80$ for food cost , rent , manpower, electricity and water bills , so maybe from than 80$ resturant will earn , all these responosbilities to take by the resturants and high risk if no body order to get as food will spoil and need to pay rent and salaries for your workers maybe resturanr will earn 20 $ for thst order . For rider he spend patrol and his motor and manpower all these with 4$ !!! So he earn like 1$ to 2 $ as net profit . Grab , has no risk at all or let us say very low risk as grab will earn money when resturant earn if not , grab will not lose money .
Imagine how many resturants we have !!! And how many supermarkets we have! And how many drivers we have and how many riders we have . With this Grab idea ((( i eat when you eat ) will never let this kind of company to lose money !!!!!!
So i believe there is not better than rideshsres companies to earn money now days .
And other rideshares are expneive . We have only grab is cheap and stable !!!!!!so grsb this opportunity now , few months later grab will never be 5$ anymore !!!!!
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