do you think loss making Grab founders can still become billionaires?

RichDad

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14-09-2021, 03:46 PM

(14-09-2021, 03:18 PM)sgbuffett Wrote: This business has no barrier to entry.
Competitors will just keep coming out.

Most if not all biz has no entry barrier. If there is, then it is a monopoly. Even Amazon got lots of competitors but they can still dominate the market.

Grab is different from Uber which is almost entirely focused on transportation. Grab has more potential but they got a really big competitor in Gojek in SEA market. The other competitors don't bother them.

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Messages In This Thread

do you think loss making Grab founders can still become billionaires? - by menghuii - 14-09-2021, 12:55 PM

RE: do you think loss making Grab founders can still become billionaires? - by RichDad - 14-09-2021, 01:06 PM

RE: do you think loss making Grab founders can still become billionaires? - by starbugs - 14-09-2021, 01:10 PM

RE: do you think loss making Grab founders can still become billionaires? - by sgbuffett - 14-09-2021, 03:18 PM

RE: do you think loss making Grab founders can still become billionaires? - by RichDad - 14-09-2021, 03:46 PM

RE: do you think loss making Grab founders can still become billionaires? - by sgbuffett - 14-09-2021, 03:51 PM

RE: do you think loss making Grab founders can still become billionaires? - by singlon - 14-09-2021, 02:52 PM

RE: do you think loss making Grab founders can still become billionaires? - by sgbuffett - 14-09-2021, 03:17 PM

RE: do you think loss making Grab founders can still become billionaires? - by [[ForeverAlone]] - 14-09-2021, 03:19 PM

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