Invest in Grab: Yay or nay?_老虎社区_美港股上老虎

Invest in Grab: Yay or nay?

RuiRui 2.0
2021-12-03

Grab just made its NASDAQ debut, but its stock price has done nothing but fall. Tough luck for this SEA company.

Even though it has become one of the leading ride-hailing apps in the region (now a superapp that’s becoming an essential in many people’s lives), its revenue has been infamously underperforming.

As of this past quarter, its revenue fell by 9% year-on-year. It’s aimingly for profitability by 2023, but to me, it’s puzzling why the company needs to take so long to become profitable. This does not inspire a lot of confidence, coupled with the less-than-stellar debut.

What do you think? To buy or to stay away? Is this company never going to thrive in the stock market? Or is the dip an opportunity not to be missed?

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

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