In Singapore, I use Grab's service every day
$Altimeter Growth Corp (AGC.US)$ In Singapore, almost everyone uses Grab, cashless payments, takeout, take out a taxi... now many advertisers have put it on the Grab App. They also have financial services, such as selling insurance, etc. Grab's future is limitless... There are more and more people using Grab Pay, he's becoming more and more like Alipay or WeChat Pay... It's really going to be a supper app!
In the 10 years that have witnessed the development of the Internet in China, the same story will happen in Southeast Asia. Just like Shopee on Taobao, Grab will grow into the next Shopee!
So, don't worry about the short term in front of you; just buy on dips!
In the 10 years that have witnessed the development of the Internet in China, the same story will happen in Southeast Asia. Just like Shopee on Taobao, Grab will grow into the next Shopee!
So, don't worry about the short term in front of you; just buy on dips!
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HOW88 : Yes, Zhang Fei! Agree with you!
fierydude : but shopee is encroaching into grab's territory. e.g. shopeepay and shopeefood
HJnHZ : Zhang Fei, it looks like you're still thick and thin.
投机剁手 fierydude : Grab has upper hand in food delivery business and I don’t think it is wise for Shopee to enter this business, too many competitors have been rooted in it.
GrabPay and ShopeePay are like WeChat pay and Alipay in China. I think there’s a reason for SG gov to issue license to both of them and I think they both will have their market shares.
Filecoin : I think Grab underestimated Gojek or GoTo taking massive of their Ride hailing business in Indonesia Singapore and Vietnam operation. Gojek model is partners/users very friendly App
TRIUMPHANT RETURNS : Singapore populations is only 3.485 MILLION, for good sake...don't be frog in the well
投机剁手 TRIUMPHANT RETURNS : Singapore population is near 6Mil. 3.4 Mil out of it is Singapore citizens
沉思的张飞 OP TRIUMPHANT RETURNS : For God's sake, you'll find out that the clown is yourself![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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