Here are some reasons why I won’t buy Grab shares:
- Grab doesn’t seem to have the ability to raise prices since it’s operating in sectors where its customers/drivers or merchant partners are sensitive to price increases/commission hikes
- Since Grab’s pricing power is questionable, I’m unsure how it will become profitable
- The company hasn’t been producing cash flows over the past few years, and that’s not impressive since it’s still loss-making
- Compared to its listed peers like Uber and DoorDash, Grab looks expensive in terms of its valuation
More here: https://blog.seedly.sg/grab-nasdaq-analysis
Submitted June 14, 2021 at 07:28AM by abysmal-egg https://ift.tt/3glBub2
