Grab: Moment of Truth
@Jo Tan:
As 25 Aug heralds its earnings call, it is the moment where investors will see whether what it has done classifies it has a good company which is "here to stay". It will also show its road ahead, whether it will recover its losses, or as nay-sayers like to say, will continue to burn money.Grab has been a magnet for criticism, being called a company with no good business model and one that, well, does not have the consumer at heart. Its transport sector has the highest surcharges amongst its competitors as well as highest commissions collected from its drivers. The very heart of Grab consists of its drivers (resources) and consumers, of which Grab doesn't seem to be taking care of.It has been for that very reason (lack of drivers) that its business has not performed so well. It has tried to