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$Grab Holdings (GRAB.US)$ $Uber Technologies (UBER.US)$
- Grab is leading the mobility, delivery, and e-wallet segments by its willingness to spend on consumer and partner incentives.
- Profitability will be in sight should incentive expenditure normalize amid recovering mobility segment.
- Shortage of drivers/riders is expected to keep Grab's partner incentive expenditure high as overall supply declines, especially during peak hours.
- Consum...