SG Talk

SG Talk > SG Talk > Market Talk > Singapore partner pulls out of Vietnam taxi joint venture
Full Version: Singapore partner pulls out of Vietnam taxi joint venture
You're currently viewing a stripped down version of our content. View the full version with proper formatting.

pinkpanther

30-12-2021, 07:43 PM
https://e.vnexpress.net/news/business/co...10041.html

Comfortdelgro cannot take losses anymore, every year burn cash, finally dispose cheap cheap. This is a stupiak investment.

starbugs

30-12-2021, 07:53 PM
Grab is very common in VN and not very regulated. The official taxis cannot compete.

Scythian

30-12-2021, 08:25 PM
Pull out means dead lah

Why no stamina to stay inside?

sgbuffett

30-12-2021, 08:27 PM
$2.4M is like peanuts these days.

debono

30-12-2021, 08:28 PM
(30-12-2021, 08:25 PM)Scythian Wrote: [ -> ]Pull out means dead lah

Why no stamina to stay inside?
Staying inside will mean loosing lots of money, better to pull out and cut loss...... crying Thinking

toothpick

31-12-2021, 10:45 PM
Vietnam has a young and tech savvy population. They will go for grab or uber or ride their own motorbike.
SG Talk > SG Talk > Market Talk > Singapore partner pulls out of Vietnam taxi joint venture