Singapore partner pulls out of Vietnam taxi joint venture -
pinkpanther - 30-12-2021
https://e.vnexpress.net/news/business/companies/singapore-partner-pulls-out-of-vietnam-taxi-joint-venture-4410041.html
Comfortdelgro cannot take losses anymore, every year burn cash, finally dispose cheap cheap. This is a stupiak investment.
RE: Singapore partner pulls out of Vietnam taxi joint venture -
starbugs - 30-12-2021
Grab is very common in VN and not very regulated. The official taxis cannot compete.
RE: Singapore partner pulls out of Vietnam taxi joint venture -
Scythian - 30-12-2021
Pull out means dead lah
Why no stamina to stay inside?
RE: Singapore partner pulls out of Vietnam taxi joint venture -
sgbuffett - 30-12-2021
$2.4M is like peanuts these days.
RE: Singapore partner pulls out of Vietnam taxi joint venture -
debono - 30-12-2021
(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......
RE: Singapore partner pulls out of Vietnam taxi joint venture -
toothpick - 31-12-2021
Vietnam has a young and tech savvy population. They will go for grab or uber or ride their own motorbike.