$Grab Holdings (GRAB.US)$ So $Sea (SE.US)$ raised merchant c...
So $Sea (SE.US)$ raised merchant commissions heavily, and tiktok and temu have moderately high rates. Apparently they are targeting this area to increase margins.
So I looked up where they would go if all those got too prohibitively expensive for their merchants.
GRAB was #1 for SE Asia specifically, and SHOP $Shopify (SHOP.US)$ more broadly globally #3 was $Lazard (LAZ.US)$
I didn't realize how cheap GRAB was, for so.e reason i thougt they were 20+. This is a good deal - GRAB is really popular I guess.
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MonkeyGee : I think the issue GRAB has is that it doesn't have enough institutional traders activtively trading it. so it doesn't have the volume. The stock is super cheap. it should be a 12 stock!
Dragon Fish MonkeyGee : Who say Grab worth usd12? Not so fast yet. Still baby step towards breakeven only. Not yet showing profit.