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+--- Thread: LOL GRAB , more losses coming (/Thread-LOL-GRAB-more-losses-coming)
LOL GRAB , more losses coming - [[ForeverAlone]] - 15-12-2022
https://www.facebook.com/ChannelNewsAsia/posts/pfbid0Ygxqn6xSqG3tzEjWri9r4s2pYMCApdgaorF2ivcL5MkLn7ca1EH51R5LaozCVFnvl?__cft__
RE: LOL GRAB , more losses coming - keys - 15-12-2022
was in Malaysia
Grab is a way of life now ... food and transport
especially if you are covid positive ..the food delivery part is a life saver
RE: LOL GRAB , more losses coming - [[ForeverAlone]] - 15-12-2022
(15-12-2022, 03:40 PM)keys Wrote: was in Malaysia
Grab is a way of life now ... food and transport
especially if you are covid positive ..the food delivery part is a life saver
As if there is Only Grab? Tons of food delivery companies. Don't forget some stalls got their own delivery staff save more than using Grab
RE: LOL GRAB , more losses coming - Ola - 15-12-2022
Anthony Tan is from Malaysia?
https://www.todayonline.com/singapore/how-grabs-ceo-steered-it-garage-malaysia-southeast-asias-most-valuable-tech-unicorn
RE: LOL GRAB , more losses coming - Niubee - 15-12-2022
Rename GrabLost
RE: LOL GRAB , more losses coming - Notdumb - 15-12-2022
In China most delivery are FREE within 5km. Some do charge but normally won't cost more than $2. Only SG dumbfarks paying $8 for delivery on top of higher prices.
I ever order 2 set meals in Zhuhai. Meal has meat, rice and 2 Vegs. Plus 1 cup of soya drink. Price RMB 20....discount RMB 5 for first order.
RE: LOL GRAB , more losses coming - WhatDoYouThink! - 15-12-2022
The service is getting bad. No show and no update. Help line is not helpful
RE: LOL GRAB , more losses coming - [[ForeverAlone]] - 15-12-2022
(15-12-2022, 03:44 PM)Ola Wrote: Anthony Tan is from Malaysia?
https://www.todayonline.com/singapore/how-grabs-ceo-steered-it-garage-malaysia-southeast-asias-most-valuable-tech-unicorn
WOLS now than you know??? He is Malaysian and Grab HQ literally is in Malaysia too , is a " deal with GIC TS Holdings that why he move the HQ to SG " because TS Holdings loan him money , at first he in Malaysia seeking for loans from MY GOVT but got rejected etc.
RE: LOL GRAB , more losses coming - winbig - 15-12-2022
(15-12-2022, 03:44 PM)Ola Wrote: Anthony Tan is from Malaysia?
https://www.todayonline.com/singapore/how-grabs-ceo-steered-it-garage-malaysia-southeast-asias-most-valuable-tech-unicorn
Yes, a jhk
RE: LOL GRAB , more losses coming - Sharexchange - 15-12-2022
Good what.....they provide so many Good Jobs for Singaporeans..also free T shirts..
RE: LOL GRAB , more losses coming - debono - 15-12-2022
(15-12-2022, 04:32 PM)Sharexchange Wrote: Good what.....they provide so many Good Jobs for Singaporeans..also free T shirts..
I notice that those in Grab are of one race.......
RE: LOL GRAB , more losses coming - sgbuffett - 15-12-2022
They are burning away investors money.
The business model never makes money not in Singapore not anywhere in the world.
RE: LOL GRAB , more losses coming - talky - 15-12-2022
karma is now catching up on grab causing so much miseries to elderly taxi drivers n their families .
this is just the starting more hardship for this malaysian
RE: LOL GRAB , more losses coming - Blasterlord2 - 15-12-2022
(15-12-2022, 07:19 PM)talky Wrote: karma is now catching up on grab causing so much miseries to elderly taxi drivers n their families .
this is just the starting more hardship for this malaysian
This Malaysian suffers nothing at all. Only those working for him suffer.
RE: LOL GRAB , more losses coming - Tangsen - 15-12-2022
The question is how many hundred of millions this time
在美国上市的本地私召车与送餐平台Grab控股实行缩减开支措施。 Grab总裁陈炳耀通过发送给职员的信函公布这项消息。削减成本的措施包括不再为多数职位增聘人手 - Bigiron - 15-12-2022
在美国上市的本地私召车与送餐平台Grab控股实行缩减开支措施。
Grab总裁陈炳耀通过发送给职员的信函公布这项消息。削减成本的措施包括不再为多数职位增聘人手、高级经理的薪金被冻结，以及削减旅行和开支预算。 https://bit.ly/3YoRM6S
RE: LOL GRAB , more losses coming - debono - 15-12-2022
(15-12-2022, 07:21 PM)Blasterlord2 Wrote: This Malaysian suffers nothing at all. Only those working for him suffer.
You are right........
RE: LOL GRAB , more losses coming - keys - 16-12-2022
(15-12-2022, 03:42 PM)[[ForeverAlone]] Wrote: As if there is Only Grab? Tons of food delivery companies. Don't forget some stalls got their own delivery staff save more than using Grab
Still Grab is the most reliable and trusted
others are questionable and some times unreliable
talk is cheap , but consistent delivery is hard ..
RE: LOL GRAB , more losses coming - Napoleon Porlumpar - 16-12-2022
hope Grab will collapse before next elections...................their gig workers will regain their political freedom to vote wisely...........
RE: LOL GRAB , more losses coming - wendychan - 16-12-2022
They seem to hire quite a bit of foreigners and pay them well
Some were tenants in my building and really living it up
RE: LOL GRAB , more losses coming - [[ForeverAlone]] - 16-12-2022
(16-12-2022, 08:34 AM)keys Wrote: Still Grab is the most reliable and trusted
others are questionable and some times unreliable
talk is cheap , but consistent delivery is hard ..
The BIG outcome Still will be in USA. Grab is not say make it big in China either too beside its stocks value is useless back in USA side.
Next in SG , one thing PAP is " smart " is squeeze from not just the people also from corporation. On paper GIC TS Holdings invest on Grab , also come taxi , Comfort G you take a deeper look behind how control ?? LOL
PAP mentally now is " make people ownself kill ownself among competitor " theory.
RE: LOL GRAB , more losses coming - maxsanic - 16-12-2022
(15-12-2022, 03:36 PM)[[ForeverAlone]] Wrote: https://www.facebook.com/ChannelNewsAsia/posts/pfbid0Ygxqn6xSqG3tzEjWri9r4s2pYMCApdgaorF2ivcL5MkLn7ca1EH51R5LaozCVFnvl?__cft__
I suspect there's a lot of excess fats in the entire Grab organization. I think it was only two years ago I heard from an acquaintance working in FB that Grab actually poached a junior programmer from them by offering $9k+ salary, the guy apparently only had less than 2 years work experience but the Grab HR just wanted to meet hiring targets and was prepared to offer whatever as long as positions were filled up.
Also at that time not only were the tech startups throwing money poaching people from established tech MNCs and other startups, even the GLCs in traditional businesses were splurging on hiring, egged on by their Temasek owner to establish "Digital Centres/Hubs" to so call future proof their businesses.
RE: LOL GRAB , more losses coming - debono - 16-12-2022
(16-12-2022, 11:11 AM)maxsanic Wrote: I suspect there's a lot of excess fats in the entire Grab organization. I think it was only two years ago I heard from an acquaintance working in FB that Grab actually poached a junior programmer from them by offering $9k+ salary, the guy apparently only had less than 2 years work experience but the Grab HR just wanted to meet hiring targets and were prepared to offer whatever as long as positions were filled up.Are you sure that Grab has offered to pay a junior programmer $9K+ salary...........with only 2 years working experience........?
Also at that time not only were the tech startups throwing money poaching people from established tech MNCs and other startups, even the GLCs in traditional businesses were splurging on hiring, egged on by their Temasek owner to establish "Digital Centres/Hubs" to so called future proof their businesses.
RE: LOL GRAB , more losses coming - maxsanic - 16-12-2022
(16-12-2022, 11:16 AM)debono Wrote: Are you sure that Grab has offered to pay a junior programmer $9K+ salary...........with only 2 years working experience........?
I'm not sure, I don't work in Grab. I got that from a relatively senior guy in FB, so I assume he knows what he's talking about. I know at the peak of the tech cycle, some companies were offering $7k for SOC fresh grads who met certain criteria, so while $9k for a junior programmer sounds excessive under normal conditions, it was probably within norms during the euphoria.
I've seen this nonsense happen before in the IB industry right before the GFC, had a couple of young analysts in my team poached away by banks offering significantly higher markups.
RE: LOL GRAB , more losses coming - [[ForeverAlone]] - 16-12-2022
(16-12-2022, 11:38 AM)maxsanic Wrote: I'm not sure, I don't work in Grab. I got that from a relatively senior guy in FB, so I assume he knows what he's talking about. I know at the peak of the tech cycle, some companies were offering $7k for SOC fresh grads who met certain criteria, so while $9k for a junior programmer sounds excessive under normal conditions, it was probably within norms during the euphoria.
I've seen this nonsense happen before in the IB industry right before the GFC, had a couple of young analysts in my team poached away by banks offering significantly higher markups.
Do note Tech companies still in the mid of retrench people. Depend how it go. This is why some retrench these highly pay ones.
Grab is attracting people at the backend partly if you are highly skill Programmer , tech guy will you work in Grab? Of course will not. No value at all to add in one porfilo, he/she rather try to get in at least Google, Facebook, Twitter, etc REAL Tech companies , at least the path is there to add value along the way as this fellow progress.