Friday, February 08, 2019

Is Grab profitable?

As I walked past the Grab operational office in Midview City this morning, a thought crossed my mind.

Is Grab operating profitably now? If not, are they still burning their investor's money?

Will they be profitable? When will it happen?

I do not like to see Grab becoming like Ofo or Obike. These bike sharing operations have to close down due to lack of profitability.

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