Predict the drop during IPO.
$Grab Holdings (GRAB.US)$
But didn't expect it to drop so much!!
How many people in Asia, based on population proportion, are Grab users? Market cap = 40 billion.
How many users does Uber have in Europe and America? Market cap = 50 billion.
How many users does Didi have in China? Market cap = 38 billion.
The user cohort of Grab cannot support such a high market cap.
And there are many competitors for the main revenue, such as:
Ryde/Gojek/Comfort
But didn't expect it to drop so much!!
How many people in Asia, based on population proportion, are Grab users? Market cap = 40 billion.
How many users does Uber have in Europe and America? Market cap = 50 billion.
How many users does Didi have in China? Market cap = 38 billion.
The user cohort of Grab cannot support such a high market cap.
And there are many competitors for the main revenue, such as:
Ryde/Gojek/Comfort
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Grabthecrab : If ur are shortish and spreading FUDs against Grab, then good luck to you.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
投机剁手 : In addition to taxis, Grab also has food delivery and digital finance services. There is no point in simply comparing the number of users.
Grabthecrab 投机剁手 : He know nothing about Grab. Just another annoying shortish trying to pushing his hidden agenda. He might not even know there is an superapp called “Grab” . Lol.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
义顺马化腾 OP :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I hope I have short it during IPO.
Such a waste!!!!!