"What's most intriguing is that Altimeter Capital selected Grab as its SPAC partner" What is more intriquing is Altimeter Capital sold out its entire position last quarter at the bottom.
I've been to Bangkok multiple times. Yes, Grab has a huge presence there BUT the competition in the delivery space is incredibly fierce and endless. Lineman, Food Panda, et al. NO WAY they will dominate this space, much less take market share so this particular segment is capped. Mobility will continue to grow as tourism returns as the farang are much more likely to use GRAB than local taxi (dumb move tho - local taxi is dirt cheap krup lol).$Grab Holdings(GRAB)$
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