MHh
04-29
Burning cash is worth it only in the only days as a form of advertisement and to get consumers to stick to the platform. With time, many consumers already have their preferred platform and such strategy is only useful to onboard new consumers. The determining factors for most consumers is whether they shop that they want is on the platform and cost of the items and delivery fees. Competition is always better for consumers. We all hope for wider range, faster delivery, cheaper fees and less mark up for the item on the platform. I don’t like grab as it has not generated much revenue yet. I like JD and Meituan as the delivery sector is more developed in China with greater demand and market mass compared to Singapore. The more mature the sector is, the more dependent consumers will be and the Chinese is already very dependent on delivery services. I do think the demand will grow. @rL @Kaixiang @Success88 @SPOT_ON @HelenJanet @Wayneqq @Fenger1188 @DiAngel @LuckyPiggie @Universe宇宙
Grab a Grab? Time to Return $5 With Lifted Guidance?
Grab Holdings raised its full-year forecast for a key profitability metric, citing continued growth in monthly transacting users, cost discipline and overall revenue growth as factors driving its business. ------------------ What's your target price for Grab? Are you bullish on the stock after guidance is raised?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment