Only reason it's still alive is that Grab has been burning billions of dollars for years without any lasting benefit. Undifferentiated products in sectors with no barriers to entry. Doomed to fail once SoftBank finally decides to pull the plug.
Grab shares slid more than 4% in premarket trading
Grab shares slid more than 4% in premarket trading.The Singapore ride-hailing firm went on sale last week.
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