Grab Peels off 7% After Singapore Regulator Increases Focus on Ride-Hailing Services

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Grab Peels off 7% After Singapore Regulator Increases Focus on Ride-Hailing Services

seekingalpha2023-09-14

Grab Holdings Limited (NASDAQ:GRAB) fell on Wednesday following an announcement that Singapore's Land Transport Authority will investigate the supply of taxi and ride-hailing services as part of a ...

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SudTradepro
·2023-09-14
time to load $ComfortDelgro. Real Taxi Business in Singapore... They are still not reached peak price pre covid. Current price looks cheap ..
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Hit n Run
·2023-09-14
Some experienced workers after joining as a pte hired driver, choose not to return to their previous proffession. They can still earn reasonable well income, the job has flexibility and no need to do reports and attend meetings.. Im not sure this is healthy for the industry as a whole when we are in need of experienced workers to move forward.
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Success88
·2023-09-14
Yes indeed Singapore too much taxi and grab private vehicle. Soon or later Grab will exit for private hiring service and only focus on food delivery.
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- Success88:
  Hahaha
  2023-09-14
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- Sky Tgr:
  That would be great! [Cool]
  2023-09-14
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The company&#39;s net loss narrowed to $135M from $547M a year ago.</p><p style=\"text-align: left;\">Shares of Grab Holdings (GRAB) dropped 6.9% on Wednesday to erase gains built up over the last three weeks. The ride-haling and food delivery stock is still slightly up for the year. 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The company's net loss narrowed to $135M from $547M a year ago.Shares of Grab Holdings (GRAB) dropped 6.9% on Wednesday to erase gains built up over the last three weeks. The ride-haling and food delivery stock is still slightly up for the year. Short interest on GRAB is at 5.12% of the total float.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":219693941588000,"gmtCreate":1694655545145,"gmtModify":1694655549835,"author":{"id":"4098850726603110","authorId":"4098850726603110","name":"Hit n Run","avatar":"https://community-static.tradeup.com/news/d949bd31febd4762325005c1c0d2d536","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"idStr":"4098850726603110","authorIdStr":"4098850726603110"},"htmlText":"Some experienced workers after joining as a&nbsp;pte hired driver, choose not to return to their previous proffession. They can still earn reasonable well income, the job has&nbsp;flexibility and no need to do reports and attend meetings.. Im not sure this is healthy for the industry as a whole when we&nbsp; are in need of experienced workers to move forward.&nbsp;","listText":"Some experienced workers after joining as a&nbsp;pte hired driver, choose not to return to their previous proffession. They can still earn reasonable well income, the job has&nbsp;flexibility and no need to do reports and attend meetings.. Im not sure this is healthy for the industry as a whole when we&nbsp; are in need of experienced workers to move forward.&nbsp;","text":"Some experienced workers after joining as a pte hired driver, choose not to return to their previous proffession. They can still earn reasonable well income, the job has flexibility and no need to do reports and attend meetings.. Im not sure this is healthy for the industry as a whole when we are in need of experienced workers to move forward.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219693941588000","repostId":2367543808,"repostType":2,"repost":{"id":"2367543808","kind":"highlight","pubTimestamp":1694648653,"share":"https://ttm.financial/m/news/2367543808?lang=&edition=fundamental","pubTime":"2023-09-14 07:44","market":"us","language":"en","title":"Grab Peels off 7% After Singapore Regulator Increases Focus on Ride-Hailing Services","url":"https://stock-news.laohu8.com/highlight/detail?id=2367543808","media":"seekingalpha","summary":"Grab Holdings Limited (NASDAQ:GRAB) fell in early trading on Wednesday following a that Singapore's Land Transport Authority will investigate the supply of taxi and ride-hailing services as part of a ","content":"<html><head></head><body><p style=\"text-align: left;\">Grab Holdings Limited (NASDAQ:GRAB) fell on Wednesday following an announcement that Singapore&#39;s Land Transport Authority will investigate the supply of taxi and ride-hailing services as part of a review of the point-to-point industry structure and regulatory framework.</p><p style=\"text-align: left;\">The Land Transport Agency said it wants to improve the stability of point-to-point supply over the course of the day, such as during late-night hours where there are some shortages in the supply of rides. &#34;As point-to-point services become more important in the daily lives of Singaporeans, operators must be able to provide these services with minimal disruptions and downtime,&#34; noted the regulator.</p><p style=\"text-align: left;\">With its second quarter earnings report, Grab Holdings (GRAB) reported revenue rose 77% to $567M. The company&#39;s net loss narrowed to $135M from $547M a year ago.</p><p style=\"text-align: left;\">Shares of Grab Holdings (GRAB) dropped 6.9% on Wednesday to erase gains built up over the last three weeks. The ride-haling and food delivery stock is still slightly up for the year. Short interest on GRAB is at 5.12% of the total float.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/77e3b4722063ad2ac77536589486ded9\" tg-width=\"560\" tg-height=\"240\"/></p><p></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab Peels off 7% After Singapore Regulator Increases Focus on Ride-Hailing Services</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab Peels off 7% After Singapore Regulator Increases Focus on Ride-Hailing Services\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-14 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4011355-grab-holdings-peels-off-8-after-singapore-regulator-increases-focus-on-ride-hailing-services><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grab Holdings Limited (NASDAQ:GRAB) fell on Wednesday following an announcement that Singapore's Land Transport Authority will investigate the supply of taxi and ride-hailing services as part of a ...</p>\n\n<a href=\"https://seekingalpha.com/news/4011355-grab-holdings-peels-off-8-after-singapore-regulator-increases-focus-on-ride-hailing-services\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4122":"互联网与直销零售","BK4022":"陆运","GRAB":"Grab Holdings","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK4230":"旅客陆运"},"source_url":"https://seekingalpha.com/news/4011355-grab-holdings-peels-off-8-after-singapore-regulator-increases-focus-on-ride-hailing-services","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2367543808","content_text":"Grab Holdings Limited (NASDAQ:GRAB) fell on Wednesday following an announcement that Singapore's Land Transport Authority will investigate the supply of taxi and ride-hailing services as part of a review of the point-to-point industry structure and regulatory framework.The Land Transport Agency said it wants to improve the stability of point-to-point supply over the course of the day, such as during late-night hours where there are some shortages in the supply of rides. \"As point-to-point services become more important in the daily lives of Singaporeans, operators must be able to provide these services with minimal disruptions and downtime,\" noted the regulator.With its second quarter earnings report, Grab Holdings (GRAB) reported revenue rose 77% to $567M. The company's net loss narrowed to $135M from $547M a year ago.Shares of Grab Holdings (GRAB) dropped 6.9% on Wednesday to erase gains built up over the last three weeks. The ride-haling and food delivery stock is still slightly up for the year. Short interest on GRAB is at 5.12% of the total float.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":219672579223584,"gmtCreate":1694650329723,"gmtModify":1694650334097,"author":{"id":"4101948424484190","authorId":"4101948424484190","name":"Success88","avatar":"https://static.itradeup.com/news/4408e1a22d73e99adb53aa65dde8ad91","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":0,"idStr":"4101948424484190","authorIdStr":"4101948424484190"},"htmlText":"Yes indeed Singapore too much taxi and grab private vehicle. Soon or later Grab will exit for private hiring service and only focus on food delivery.&nbsp;","listText":"Yes indeed Singapore too much taxi and grab private vehicle. Soon or later Grab will exit for private hiring service and only focus on food delivery.&nbsp;","text":"Yes indeed Singapore too much taxi and grab private vehicle. Soon or later Grab will exit for private hiring service and only focus on food delivery.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/219672579223584","repostId":2367543808,"repostType":4,"repost":{"id":"2367543808","kind":"highlight","pubTimestamp":1694648653,"share":"https://ttm.financial/m/news/2367543808?lang=&edition=fundamental","pubTime":"2023-09-14 07:44","market":"us","language":"en","title":"Grab Peels off 7% After Singapore Regulator Increases Focus on Ride-Hailing Services","url":"https://stock-news.laohu8.com/highlight/detail?id=2367543808","media":"seekingalpha","summary":"Grab Holdings Limited (NASDAQ:GRAB) fell in early trading on Wednesday following a that Singapore's Land Transport Authority will investigate the supply of taxi and ride-hailing services as part of a ","content":"<html><head></head><body><p style=\"text-align: left;\">Grab Holdings Limited (NASDAQ:GRAB) fell on Wednesday following an announcement that Singapore&#39;s Land Transport Authority will investigate the supply of taxi and ride-hailing services as part of a review of the point-to-point industry structure and regulatory framework.</p><p style=\"text-align: left;\">The Land Transport Agency said it wants to improve the stability of point-to-point supply over the course of the day, such as during late-night hours where there are some shortages in the supply of rides. &#34;As point-to-point services become more important in the daily lives of Singaporeans, operators must be able to provide these services with minimal disruptions and downtime,&#34; noted the regulator.</p><p style=\"text-align: left;\">With its second quarter earnings report, Grab Holdings (GRAB) reported revenue rose 77% to $567M. The company&#39;s net loss narrowed to $135M from $547M a year ago.</p><p style=\"text-align: left;\">Shares of Grab Holdings (GRAB) dropped 6.9% on Wednesday to erase gains built up over the last three weeks. The ride-haling and food delivery stock is still slightly up for the year. Short interest on GRAB is at 5.12% of the total float.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/77e3b4722063ad2ac77536589486ded9\" tg-width=\"560\" tg-height=\"240\"/></p><p></p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab Peels off 7% After Singapore Regulator Increases Focus on Ride-Hailing Services</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab Peels off 7% After Singapore Regulator Increases Focus on Ride-Hailing Services\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-14 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4011355-grab-holdings-peels-off-8-after-singapore-regulator-increases-focus-on-ride-hailing-services><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grab Holdings Limited (NASDAQ:GRAB) fell on Wednesday following an announcement that Singapore's Land Transport Authority will investigate the supply of taxi and ride-hailing services as part of a ...</p>\n\n<a href=\"https://seekingalpha.com/news/4011355-grab-holdings-peels-off-8-after-singapore-regulator-increases-focus-on-ride-hailing-services\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BK4122":"互联网与直销零售","BK4022":"陆运","GRAB":"Grab Holdings","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","BK4230":"旅客陆运"},"source_url":"https://seekingalpha.com/news/4011355-grab-holdings-peels-off-8-after-singapore-regulator-increases-focus-on-ride-hailing-services","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2367543808","content_text":"Grab Holdings Limited (NASDAQ:GRAB) fell on Wednesday following an announcement that Singapore's Land Transport Authority will investigate the supply of taxi and ride-hailing services as part of a review of the point-to-point industry structure and regulatory framework.The Land Transport Agency said it wants to improve the stability of point-to-point supply over the course of the day, such as during late-night hours where there are some shortages in the supply of rides. \"As point-to-point services become more important in the daily lives of Singaporeans, operators must be able to provide these services with minimal disruptions and downtime,\" noted the regulator.With its second quarter earnings report, Grab Holdings (GRAB) reported revenue rose 77% to $567M. The company's net loss narrowed to $135M from $547M a year ago.Shares of Grab Holdings (GRAB) dropped 6.9% on Wednesday to erase gains built up over the last three weeks. The ride-haling and food delivery stock is still slightly up for the year. Short interest on GRAB is at 5.12% of the total float.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":106524070,"gmtCreate":1694663162994,"gmtModify":1694663483518,"authorId":4101948424484190,"author":{"id":4101948424484190,"idStr":"4101948424484190","authorId":4101948424484190,"name":"Success88","avatar":"https://static.itradeup.com/news/4408e1a22d73e99adb53aa65dde8ad91","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.23","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":219672579223584,"type":1,"supId":106523941,"prevId":0,"content":"Hahaha ","text":"Hahaha ","html":"Hahaha "},{"id":106523941,"gmtCreate":1694651294924,"gmtModify":1694651308052,"authorId":4105164288302490,"author":{"id":4105164288302490,"idStr":"4105164288302490","authorId":4105164288302490,"name":"Sky Tgr","avatar":"https://static.itradeup.com/news/2df38375a020643507d69e511e3afc6b","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":219672579223584,"type":1,"supId":0,"prevId":0,"content":"That would be great!  [Cool]","text":"That would be great!  [Cool]","html":"That would be great!  [Cool]"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":9,"commentSize":3,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}