Chichiw76
2021-12-05
Great ariticle, would you like to share it?
@MillionaireTiger：
Why Grab Shares Tumble in Trading Debut After SPAC Deal
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The “<i>super app</i>” of Southeast Asia — also known as the Uber of Southeast Asia — was valued at a <b>whopping $40 billion</b> in pre-market.</p> <p>However,<a target=\"_blank\" href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a> opened 19% higher, then reversed course.</p> <p><img referrerpolicy=\"no-referrer\" src=\"https://static.tigerbbs.com/01ab8037dfdd660b32fbc852ce3da321\" tg-width=\"1245\" tg-height=\"737\">Brad Gerstner, Altimeter’s CEO, said Grab has become a<i>“powerful flywheel combining ride-hailing, delivery and payments [that has] demonstrated durable growth even during the pandemic and is playing a foundational role in the digitization of Southeast Asia.”</i></p> <p>Grab hasn’t turned a profit yet, but its SPAC deal also involved a $4.5 billion private investment in public equity. However, by midday today GRAB shares crumbled 20%, erasing a fifth of its value post-merger.</p> <p>Anthony Tan, Grab Holdings’ Co-Founder and CEO, shared:<i>“Regardless of the stock price, our focus is on the super app [business model] and that is resilient in spite of COVID.”</i></p> <h2><img referrerpolicy=\"no-referrer\" src=\"https://static.tigerbbs.com/533ea69e31e406c32955e54acbcd0ecb\" tg-width=\"500\" tg-height=\"375\"><span style=\"color:rgba(255,0,0,1);\">Why did GRAB's stock price plummet after its listing?</span></h2> <p><span style=\"color:rgba(255,0,65,1);\">Tell us what you think about it! Leave your analysis!</span></p> <p><span style=\"color:rgba(255,0,65,1);\">You may be rewarded with Tiger Coins💸💸💸</span></p> <p>Don't forget I am the richest tiger in this community😎😎</p></body></html>","htmlText":"<html><head></head><body><p>Hey Tigers!</p> <p>Grab attract a lot of attention and interest in the market!</p> <p><b>Grab</b>, a Singapore-based “<i>super app,</i>” started out as a ride-hailing platform in 2012, but branched into everything from food delivery to digital payments and investments. The “<i>super app</i>” of Southeast Asia — also known as the Uber of Southeast Asia — was valued at a <b>whopping $40 billion</b> in pre-market.</p> <p>However,<a target=\"_blank\" href=\"https://laohu8.com/S/GRAB\">$Grab Holdings(GRAB)$</a> opened 19% higher, then reversed course.</p> <p><img referrerpolicy=\"no-referrer\" src=\"https://static.tigerbbs.com/01ab8037dfdd660b32fbc852ce3da321\" tg-width=\"1245\" tg-height=\"737\">Brad Gerstner, Altimeter’s CEO, said Grab has become a<i>“powerful flywheel combining ride-hailing, delivery and payments [that has] demonstrated durable growth even during the pandemic and is playing a foundational role in the digitization of Southeast Asia.”</i></p> <p>Grab hasn’t turned a profit yet, but its SPAC deal also involved a $4.5 billion private investment in public equity. However, by midday today GRAB shares crumbled 20%, erasing a fifth of its value post-merger.</p> <p>Anthony Tan, Grab Holdings’ Co-Founder and CEO, shared:<i>“Regardless of the stock price, our focus is on the super app [business model] and that is resilient in spite of COVID.”</i></p> <h2><img referrerpolicy=\"no-referrer\" src=\"https://static.tigerbbs.com/533ea69e31e406c32955e54acbcd0ecb\" tg-width=\"500\" tg-height=\"375\"><span style=\"color:rgba(255,0,0,1);\">Why did GRAB's stock price plummet after its listing?</span></h2> <p><span style=\"color:rgba(255,0,65,1);\">Tell us what you think about it! Leave your analysis!</span></p> <p><span style=\"color:rgba(255,0,65,1);\">You may be rewarded with Tiger Coins💸💸💸</span></p> <p>Don't forget I am the richest tiger in this community😎😎</p></body></html>","text":"Hey Tigers! Grab attract a lot of attention and interest in the market! 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