Except the point for blaming on Covid, the article give nothing much to support Grab's finacial issues ???

Don’t Get Grabby with Low-Potential Grab Holdings

GRAB stock is down for the count and sinking fast as investors recognize the company's fiscal issues
Don’t Get Grabby with Low-Potential Grab Holdings

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  • whimsie
    ·2022-01-30
    Grab's problem is that the valuation is too high when it goes public, and there is no way to make a profit.
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    • clipzy
      If the loss problem is not solved, maybe Grab will go bankrupt in a few years.
      2022-01-30
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  • fuzzyx
    ·2022-01-30
    Only the original shareholders can make money through Grab.
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  • wobee
    ·2022-01-30
    Even without the COVID-19 outbreak, Grab is still losing money.
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  • glintzi
    ·2022-01-30
    What's wrong with Grab's finances?
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