Why grab still in operation...many Singaporean order food onlines why no business ?
grab backed by softbank, can bleed for another few decades also no prob
No money to play these stupid game confirm close shop...
(25-01-2023, 06:09 PM)Nyvrem Wrote: [ -> ]grab backed by softbank, can bleed for another few decades also no prob
you forget also our GIC TS Holdings....zzzz
Go google u will know why Grab HQ in SG.
one thing Malaysia Govt is Smart on this issue. That time Gab asking for Govt aid but Malaysia Govt reject. Later our GIC TS holdings come tell Grab they can invest but condition must move the HQ come to SG.
On surface GIC TS Holdings will tell U , this is why SG got jobs for the people .
BUT back end is " heywire " ...end up is We the people been " owned again "
(25-01-2023, 06:15 PM)[[ForeverAlone]] Wrote: [ -> ]you forget also our GIC TS Holdings....zzzz
Go google u will know why Grab HQ in SG.
one thing Malaysia Govt is Smart on this issue. That time Gab asking for Govt aid but Malaysia Govt reject. Later our GIC TS holdings come tell Grab they can invest but condition must move the HQ come to SG.
On surface GIC TS Holdings will tell U , this is why SG got jobs for the people .
BUT back end is " heywire " ...end up is We the people been " owned again "
This one I disagree. GIC TS is right to woo grab over. Back in boleh land, they have no idea how to find such companies so act dumb. GIC saw the opportunity and get grab to come over.
If the nasdaq bubble was to burst a bit later, GIC TS would have huat big big from the IPO.
At least grab is a viable business model and not like the Bitcoin or fashion company where investment failed badly due to no business sense.
(25-01-2023, 06:44 PM)ArielCasper Wrote: [ -> ]This one I disagree. GIC TS is right to woo grab over. Back in boleh land, they have no idea how to find such companies so act dumb. GIC saw the opportunity and get grab to come over.
If the nasdaq bubble was to burst a bit later, GIC TS would have huat big big from the IPO.
At least grab is a viable business model and not like the Bitcoin or fashion company where investment failed badly due to no business sense.
You forget Uber? Grab is just like Uber. But later Grab also doing food delivery and so call Grab pay
FYI their GRAB PAY IS EPIC FAIL
Investors Are not fool , " of course there will have fool investors " or else how to " BS " them to invest.
(25-01-2023, 07:00 PM)[[ForeverAlone]] Wrote: [ -> ]You forget Uber? Grab is just like Uber. But later Grab also doing food delivery and so call Grab pay
FYI their GRAB PAY IS EPIC FAIL
Investors Are not fool , " of course there will have fool investors " or else how to " BS " them to invest.
But, do you use grab in yr everyday life? If yes, it won't be as a failure as the other 2.
(25-01-2023, 07:24 PM)ArielCasper Wrote: [ -> ]But, do you use grab in yr everyday life? If yes, it won't be as a failure as the other 2.
There is food panda as a competitor....................
cash flow can kill many start up.
Good … all these copy cat startup beggar leech, best close shop. Poor biz model result loss …. best close shop
These venture backed biz are twisting the logic of business operations.
These companies cannot bleed forever
(25-01-2023, 07:24 PM)ArielCasper Wrote: [ -> ]But, do you use grab in yr everyday life? If yes, it won't be as a failure as the other 2.
FYI I don’t even use any grab services
Only once is my relative book one PHV for me as it was late. In fact I can just take taxi but he already book that it
Come food delivery I don’t even use grab even others
As my side here just walking distance
u will say me old fashion? Nah fyi I study IT I thought I’m the only one like this but there are others who study IT one some also like me don’t use any these services
Grab is a lousy company, no innovation whatsoever, just a copycat. But founder is lucky as he has a rich family. Those with no connections will never be able to get funding.
(26-01-2023, 01:03 AM)Blasterlord2 Wrote: [ -> ]Grab is a lousy company, no innovation whatsoever, just a copycat. But founder is lucky as he has a rich family. Those with no connections will never be able to get funding.
those with no connections but get foreign passport and start a start up here in singapore sure can get funding..... past examples too many
(25-01-2023, 10:58 PM)Tangsen Wrote: [ -> ]Good … all these copy cat startup beggar leech, best close shop. Poor biz model result loss …. best close shop
All these copy cat start up are doomed to fail................
You should never do a startup that replicate another startup that started earlier .....
Food delivery has like 4 or 5 big players backed by giants with endless cashflow.
Sometimes people do let their passion get the better of them.
But of one stands back and think clearly....it makes no sense at all.
I wanted to start a convenient shop some time back after studying the 7eleven and Buzz franchise my conclusion is better to DIY but the effort will be significant so I put it on hold
(26-01-2023, 12:57 AM)[[ForeverAlone]] Wrote: [ -> ]FYI I don’t even use any grab services
Only once is my relative book one PHV for me as it was late. In fact I can just take taxi but he already book that it
Come food delivery I don’t even use grab even others
As my side here just walking distance
u will say me old fashion? Nah fyi I study IT I thought I’m the only one like this but there are others who study IT one some also like me don’t use any these services
Well, can only say your lifestyle is different. If you don't use any of grab service, then I rest my case.
(25-01-2023, 07:40 PM)debono Wrote: [ -> ]There is food panda as a competitor....................
Yup. Competition is normal. Not every business is like SPH where it is one and only.
But u are also like foreveralone where you use none of grab service, then hard to discuss since there won't be a baseline for discussion.