$Grab Holdings(GRAB)$ prepare for another round of downward surprises. The company has an unprofitable model where if it raises fares too much, ppl will just switch to taxis. It's food delivery space has too many competitors as well. Target price is $1.10

@CY09
$Grab Holdings(GRAB)$prepare for another round of downward surprises. The company has an unprofitable model where if it raises fares too much, ppl will just switch to taxis. It's food delivery space has too many competitors as well. Target price is $1.10
$Grab Holdings(GRAB)$prepare for another round of downward surprises. The company has an unprofitable model where if it raises fares too much, ppl will just switch to taxis. It's food delivery space has too many competitors as well. Target price is $1.10

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet