snixy
2023-04-06

For consumer-facing apps like Grab, there is no better way to get to know a product than to use it. I was in visiting Singapore recently and found how convenient it was to use their app ...from the moment I landed to departure. It works everywhere from high-end luxury goods stores to street food vendors.

The taxi app works so well that you never want to even try the alternative apps. $Grab Holdings(GRAB)$ $Sea Ltd(SE)$

I think it's a good bet and a much better prospect than SEA which is in some ways a similar S-E Asia play.Grab is a better run company I think and offers a more interesting suite of products. Its ride-hailing business is strong (at least where I live in Singapore) and it has just bid to buy out one of Singapore's taxi businesses. The demand for catching a taxi in Singapore will continue to grow as actual car ownership pricing just hurtles upwards (COE now about $110,000 to buy the right to buy a car).

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