I just bought Grab stock for the long term. The company is expected to be profitable starting from next quarter. 😅🙏
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.
- Black83black·01-28As of recent reports, Grab has been working towards profitability, but it has faced challenges due to heavy investments in expansion, technology, and acquisitions. They have been focusing on achieving profitability, with projections that they could become profitable in the near future, especially as they grow their core services like ride-hailing, food delivery, and financial services. However, their ability to achieve consistent profitability will depend on factors like market conditions, competition, and their ability to control costs.LikeReport