Mythz
2022-04-05

$Grab Holdings(GRAB)$I will remain bearish for Grab even though the market is recovering.It will takes ages for it to go back to its formerglory which is $40billion.

Gojek, its main competitor in southeast asia for ride-hailing is listing its company on the 11 April. It is valued at $1.1 billion, which is way lower value to Grab.

Definitely, Grab has a few more other services. The main hot growing business is the financial side of thing, its paylater and the wallet. It is growing popularity in Malaysia and Singapore, however there are alot of wallet competitors growing. Even crypto wallets are offering global wallet services. PayLater services is not a novel thing and currently is a losing profit model. 

Therefore, the valuation of Grab is around $20billion. It is around $3-5 for now. It will remainvolatile till it proves worthy again. 

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Comments

  • ChristKitto
    2022-04-05
    ChristKitto
    I don't think GRAB's share price is likely to rise quickly until the economy is fully reopened. After all, its main business has been affected too much by the epidemic.
    • StockPredictor:Ā 
      with the opening of Malaysia and Singapore, Grab should be able to get better results
    • He Man:Ā 
      hope hope.
    • Mythz:Ā 
      Definitely agree.
  • FranklinMorley
    2022-04-05
    FranklinMorley
    The market in which grab is located is developing rapidly and is at a critical moment of predominance. If it is left behind at this time, it may be difficult to catch up.
  • MyrnaNorth
    2022-04-05
    MyrnaNorth
    There is a lot of uncertainty about the development of GRAB. It is moving into areas such as games and e-commerce, and may be able to make up for the loss of ride-sharing and takeout business.
    • Mythz:Ā 
      It is too late into the game. Lots of marketing and R&D is required. Its going to burn lot of cash again
  • Lord Tan
    2022-04-06
    Lord Tan
    I can only shake my head at the business model. There is no way to earn a profit. And it is not going to credibly challenge the traditional banks or the crypto digital ones
    • Lord Tan:Ā 
      Hehe sounds good for a faster demise
    • CY09:Ā 
      can be profitable increase grab fares
  • setia100
    2022-04-05
    setia100
    Will it do well when it grabs a Digital Banking license from Malaysia ā“šŸ¤”
    • Mythz:Ā 
      Doubt so. There are many other competitors too
  • RichDen
    2022-04-06
    RichDen
    who know maybe tomolo Musk twit.... Grab that Holdings before u falls into SEA! Hahaha šŸ˜…
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