$Grab Holdings(GRAB)$ Grab Holdings Ltd. and its industry counterpart, GoTo Group, find themselves at a pivotal juncture as the Singapore Land Authority signals its intent to review regulations governing the ride-hailing sector. This development raises critical questions about the future of Grab’s share price and its position in the market. 1. Singapore’s Dual Dominance The Singapore ride-hailing landscape is currently a battleground dominated by two key players: Grab and GoJek. However, this duopoly may soon face significant disruptions as regulatory changes loom. These changes have the potential to redefine the competitive dynamics within the industry. 2. Escalating Costs for Consumers As a Singaporean, it’s eviden
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. --------------- Will Grab continue to slide? How will Singapore regulators' focus on ride-hailing services affect Grab? What's your target price for Grab?
+ Follow
+15