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?

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