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Anonymous

14 Jun 2021

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General Investing

Thoughts on the delayed Grab SPAC merger?

To buy or not to buy agc stock

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Ng Young Ching

14 Jun 2021

I didnt deep dive into Grab. But I would like to share my opinion.

It shall not fundamentally affect much the company. What I worry more is the "monopoly" status of Grab. I myself is an avid Grab user. I find it recent increase fare in Grab and lesser promotion will slowly lose the customers/volumes if the competitor catches up (eg: Gojek offers free ride for vaccination and cut down commission to give more to drivers, ComfortDelgro competitive pricing, ShopeePay is catching up).

Personally, Grab stickiness is not really sticky imo. I can use up all the reward point and shift to others which offers better.

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