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People Don't Deserve Nice things.
$Grab Holdings (GRAB.US)$ This is why Singaporeans can't have nice things. You have a home grown company listing itself on the market and what people do is short the company share price and criticism on the company by gruntled Grab drivers. you expect a company to consistently give discounts on your rides and still make money, while grab drivers think that the company wants to squeeze their drivers when it's really driven by penny pinching riders in a depressed market battered by Covid 19.
The company's literally provided jobs for people from all walks of life giving them options to manage their time and the expectation is for everything to work perfectly for the consumers, which, is a terribly misguided sense of self entitlement.The person providing you the service is a self employed service provider. The company just provides the platform.
This is why the company needs to raise capital from elsewhere and not the Singapore Market.
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102355763 : I thought Grab is a Malaysian company. There are probably some Grab drivers here to vent their frustrations as they can’t find work else where![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
BullishPanda : lol Grab is listed on NASDAQ, not SGX
Walking cloud OP : Headquarters in Singapore
BullishPanda : ya but its not raising capital from the Singapore Market
102963103 : Don’t make it a nationalistic issue lah!
Zay K : Exactly! As if other providers are so much better than Grab.... In fact, this is the problem with gig economy! Nothing to do with Grab.
102295028 : Agree. Those Who complain Forgot what grab has brought in positively by proving them income, And bringing in life convenience to the society
GM 1 102355763 : CEO’s family is Malaysian