$Grab Holdings (GRAB.US)$ Because of Grab’s share-class stru...
$Grab Holdings(GRAB.US$ Because of Grab’s share-class structure, Anthony Tan has 60.4% voting rights even though he owns just 2.2% of the company. If he fully exercises his stock options, his voting rights will increase to 66.11%, according to a recent filing.
Even with today’s slide, the deal has created considerable wealth for other key executives of the Singaporean company. The holdings of co-founder Hooi Ling Tan and President Ming Maa are now worth US$224 million and US$126 million, respectively.
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101595452 : It could be the majority traders are not from SEA.
I drive around within 5 mins and I can see people with Grab shirt everywhere doing delivery. It’s presence is huge.
But the other fact is Grab is More than a delivery service. I can pay with Grab like I do with any other payment services and this is expanding beyond that.
It is like a Alibaba app … one app to do it all.
And since it is all over SEA, imagine it’s potential.
I think once the next earning report is out and if it is positive, this would soar! Patience is key!
Wilson LH 101595452 : yup, even u can make payment at mcdonald. many small retail shops are using GRAB now. I no longer need to use credit card to pay such a small amount. :)