Grab falls US$13bil behind Indonesia’s GoTo

telegram中文群组索引是一个Telegram群组分享平台,telegram中文群组索引包括telegram中文群组索引、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram中文群组索引为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore

SINGAPORE: Singapore’s Grab Holdings Ltd, once South-East Asia’s most valuable startup, is faltering behind GoTo Group in the public markets as it fights to gain ground on its Indonesian ride-hailing rival’s home turf.

The unprofitable companies are both struggling to convince investors of their money-making potential after staging their stock-market debuts in recent months.

Yet GoTo has fallen less than its competitor and its market value of about US$26bil (RM117bil) is now twice that of its Singaporean peer.

The companies are each set to report quarterly earnings in the coming days.

Grab and GoTo have been locked in an expensive battle for dominance over the past several years. Grab still counts the city-state of Singapore as its largest market even as it tries to expand in countries including Indonesia, South-East Asia’s largest economy.

GoTo is enjoying a leadership position in its home nation of more than 270 million people whose mobile-savvy consumers are shopping on its online-retail platform Tokopedia and ordering rides and food via its Gojek’s app.




The growth potential of Indonesia has helped GoTo outperform Grab, which became a publicly traded company through a merger with Brad Gerstner’s Altimeter Growth Corp in December.

GoTo has lost about 3% since its initial public offering in Jakarta in April, while Grab is down more than 60% since combining with the United States blank-cheque company.

“GoTo’s advantage as a homegrown Indonesian brand and its synergy with Tokopedia may let the country’s biggest tech firm defend food-delivery market share from Grab, the category’s leader in South-East Asia, and improve profitability,” Nathan Naidu, an analyst at Bloomberg Intelligence, said in a July 20 report.

While Gojek has a strong grasp of the crucial Indonesia market, Grab has made inroads in food delivery.

Grab had 49% of the Indonesian food delivery market last year, compared with GoTo’s 43%, according to Momentum Works.

Grab is scheduled to report second-quarter results before US markets opened yesterday, while GoTo is set to release results on Aug 30. — Bloomberg


  • 评论列表:
  •  安然、安生后坦然
     发布于 2022-09-17 00:13:29  回复
  • 怀进鹏强调,习近平总书记高度重视思政课建设,对思政课建设作出一系列重要讲话、指示批示,深刻回答了事关新时代学校思政课建设的一系列方向性、根本性问题。要聚焦靶心,立德树人,深入学习贯彻习近平总书记关于思政课建设的重要论述,牢牢把握思政课是立德树人关键课程的定位,强化教师在办好思政课中的关键地位,推动思政课改革创新,善用“大思政课”,加强马克思主义学院建设,加强党对思政课建设的领导。很有水平的文