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Serious is the hype over GRAB over??

krafty

Alfrescian (Inf)
Asset
grab.jpg
 

Scrooball (clone)

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Loyal
The main bulk of their revenue comes from taking a cut from the rides. People going out less often, that has got to hit them hard.

The food delivery section of the business is small change. And extremely competitive. Grabfood, Deliveroo, WhyQ, FoodPanda.... each of them a small slice of the pie, how much is left?
 

knnb40

Alfrescian
Loyal
GRAB operates like american mnc, when times are bad, staff get retrenched, no need to talk feelings and years of service.
Taxi company - comfort also the same lah.
high salary MIW also don't care if the policy affected small group of people, they will tell you you are a looser and not their policy that caused it. will give you paper dollar to go upgrade.
 

LITTLEREDDOT

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Asset
Grab is just a mini version of Uber and of all the tech unicorns - burning huge amounts of cash, not profitable, selling investors a dream.
For every unicorn that made it (Tesla), there are many who fail (including WeWork.
Best to merge with WeWork and rename the merged entity WeGrabWork. That would be so apt for the unemployed Sinkies.
 

Scrooball (clone)

Alfrescian
Loyal
Grab is just a mini version of Uber and of all the tech unicorns - burning huge amounts of cash, not profitable, selling investors a dream.
For every unicorn that made it (Tesla), there are many who fail (including WeWork.
Best to merge with WeWork and rename the merged entity WeGrabWork. That would be so apt for the unemployed Sinkies.

WeWork is so fucked....how does it even get so many morons to invest in the first place?
 

krafty

Alfrescian (Inf)
Asset
grab has lots of cash as many investors such as temasek dumped money in them but they are such a letdown by cutting staff in a time like this. speaks volume they have mercenary type of management and not a good company to work for.
 

syed putra

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Loyal
Grab was ok when it was a small start up. They should have grown organically instead of accepting all those big money from investors who now controls how its being managed.
And big money attracts big paying ceo's and directors and huge overheads.
 
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