LesleyNewman
2022-01-04

If bulk of cost is going back into investments, of course it’s good. But read Grab’s financials carefully. Bulk of their cost is going into subsidising the cost of operations. I.e. every ride is loss making. And for what? It’s capturing a market without a moat. New comers just jump in and take over customers anytime. There is ZERO customer loyalty. $Grab Holdings(GRAB)$

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