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Grab is sensitive to price fluctuations. Recently, by raising their costs and letting the customers bear it has raised unhappy sentiments. I myself wouldn't use grabfood nor grab unless it is claimable
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CommonSense Investor
09 Jul 2021
Certified Professional at Biotechnology and Gene Therapy Industry
Grab thinks that the Cash they have are issued from the Bank of Chinese Hell
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Grab valuation USD $40 billion. Carousell going to list at a valuation of USD $2 billion valuation. Seriously, buying them at these valuations are no different from speculating in Meme stocks. Grab app is not a SUPER app , so do not making a mockery of yourself by telling your Chinese counterparts it was.
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I'm skipping AGC/Grab.
Firstly, because the SPAC merger may not happen (this is an inherent risk pr...
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Hi there,
I will be staying on the sidelines on AGC for a few reasons:
Firstly, there is a SPAC risk, uncertainty of how that would go compared to a traditional IPO. Though it can be successful.
Secondly, I think Grab has potential and is a market leader in SE-Asia but open to many competitors. Their economic moat is not a big one to me.
Thirdly, I prefer to invest in companies that I personally enjoy using their products/services. I use Grab because they are the largest player in SG but they don't have a particularly enjoyable app UX/UI or the most competitive price. I would switch if there was a viable alternative.
Good luck!