$Grab Holdings (GRAB.US)$Fundamentals: It’s revenue is 30 ti...
$Grab Holdings (GRAB.US)$ Fundamentals: It’s revenue is 30 times less than that of $Uber Technologies (UBER.US)$ , so it is still 5-10 times overvalued. Forget any profitability anytime soon. South East Asia is generally a very competitive market, new players like gojek will also eat into their market share. That being said it’s services are good, at least here in Singapore.
Technicals: trading below of all of its moving averages.
Technicals: trading below of all of its moving averages.
I ever thought $Grab Holdings (GRAB.US)$ would go much lower than $6, and now its $5.495, even $DiDi Global (Delisted) (DIDI.US)$ is a better choice if you can convert it’s adrs into HK shares (of course, I wouldn’t touch both of them).
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102711703 : Do you really understand their business model?
102711703 2828282828282828 : Ultimately “she” just one others to move to Uber…
MonkeyGee 102711703 : oh business model.....like fake it until you make it?