$Grab Holdings(GRAB)$I can't see Grab digging itself out of the $3 range in the next year. Especially if there really is a recession later in 2022 or 2023, I think they really face the risk of dipping below $1 and face the risk of delisting. Stocks that dip below $1 for 30 consecutive trading days will trigger a delisting warning. A lot of potential towardsthe downside. Food delivery is still a loss making business unless they raise delivery fees, cut rider incentives and raise restaurant commissions. Maybe their biggest hope is the Financepart of the business becomes successful in the next 2 years.
Will Grab slide more with focus on ride-hailing services?
Grab fell 8% on Wednesday following an announcement that Singapore's Land Transport Authority will investigate the supply of taxi and ride-hailing services.
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Will Grab continue to slide?
How will Singapore regulators' focus on ride-hailing services affect Grab?
What's your target price for Grab?
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