Grab has potential since they have a lot more to offer other than just ride hailing services. However, it is worrying that Grab does not make too much profits per year and when they do, their liabilities outweigh their assets. I personally believe that Grab is one of those for the long term investors.
Grab shares dropped another 9% in morning trading
Grab shares dropped another 9% in morning trading after falling more than 9% yesterday.
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