zaza10
2023-04-06

I live in Singapore for more than 15 years. i prefer to take normal taxi, instead of grab. Grab is too expensive nowadays and is not competitive at all when compared to normal taxi like Comfort or Transcab. I will always book a taxi when possible. Many of my friends share the same feeling. we don't think the Grab car business is sustainable, if they keep using the same strategy. I miss those old days when there is 50,000 normal taxis and i can easily get one even at very west of Singapore (e.g. NTU, Tuas) by calling taxi booking number. $Grab Holdings(GRAB)$

I think this stock may move below 3 again. Cash burn is very high. Also there is rumor of acquiring Goto which could be disastrous. This is just my own opinion though.

And I wish there was some coverage of their Grab Eats vs e-hailing revenue, profitability and growth prospects for the 2 segments. Also,
a) since stock-based compensation has been a 'killer' expense for most of the companies in the high growth phase, some indication of its trajectory going forward would have been helpful; and
b) an analysis of their revenue trends by major countries, growth in their respective areas, and potential going forward would have been useful, along with some pointers on competition (or lack thereof) in each of them.

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Comments

  • JC888
    2023-04-08
    JC888
    Funnily enough there's little to no advertising on its digital banking platform. Thot its supposed to be another revenue spinner given its existing n vast customer database?
  • Ericdao
    2023-04-08
    Ericdao
    Like it or not, it's here to stay. Grab have more or less become a household name in many Asian countries. Product is not limited to taxi biz but many other. Many companies have adopted grab as main transportation. It's a extremely lucrative biz. Competition will definitely erode some of profit but I still view them as good for long term investment.
  • MMtrade
    2023-04-09
    MMtrade
    grab is good, don't be discouraged. leave it as a choice.
  • klarky
    2023-04-07
    klarky
    yes near term doesn't look good
  • Attap Kia
    2023-04-07
    Attap Kia
    thanks for sharing
  • icycrystal
    2023-04-07
    icycrystal
    thanks for sharing
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