$Grab Holdings (GRAB.US)$ Seems to be selling on the news th...
$Grab Holdings(GRAB.US$ Seems to be selling on the news that it bought a supermarket chain in Malaysia.
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GratefulPanda : huh, what is grab buying a supermarket for?
doctorpot1 GratefulPanda : I think is for grabmart. the strategy similar to amazon. First amazon sell third party item. then they collect data and know what sells well. Next they themselves sell the item and cut out the middle man. plus they own the platform so they can make their listing number one the rest number 2.
GratefulPanda doctorpot1 : Ahh okok, thanks for sharing. Hmm, didn't foodpanda also have a pandamart or something, seems like all using the same strategy![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
doctorpot1 GratefulPanda : but I'm just extrapolating only. not very sure if that is what they using it for. just that I seen other companies doing similar strategies. maybe next earning call can ask them why you buy the supermarket for hahahaha
GratefulPanda doctorpot1 : LOL, I will punt and become a for fun shareholder if it becomes daiso price.
Even their strategy is unclear, no wonder dropping like a rock ![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
doctorpot1 GratefulPanda : eh I thought their strategy is very clear leh and what they do make a lot of sense. rides, food, delivery, supermarket shopping, credit card, banking, insurance, investment, and many more. all of it have high synergy from both consumer and merchant end.
doctorpot1 GratefulPanda : eh I thought their strategy is very clear leh and what they do make a lot of sense. they are trying to be a super app. where in the future, just have grab app and you can do everything you need liao. like wechat like that. their services like rides, food, delivery, supermarket shopping, credit card, banking, insurance, investment, and many more. all of it have high synergy from both consumer and merchant end.
GratefulPanda doctorpot1 : Fingers crossed it works for them!