$Grab Holdings (GRAB.US)$ When it comes to food delivery, I ...
$Grab Holdings(GRAB.US$ When it comes to food delivery, I wonder if any comparisons to China are entirely valid. So much of SEA's food tends to be home-cooked, often with gravies, which is a likely natural competitor to 'drier' foods preferred by Chinese customers, from fast food chains to their own cuisines.
Going forward, isn't increased fuel costs a major headwind for Grab?
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savior_bata : SEA's food and China's food isn't that different. Even with Gravies isn't an issue, just a separate packing. Vendors charge RM1 onto top of every order for packaging.
If fuel cost goes up, food cost will go up too. If this happen, SEA will slowly adopt homecook food more and more to save cost. We didn't need to see so far into the future. Just look at Grab's increased incentives but only marginal growth now you'll know the strength of future growth.
Sam White savior_bata: To add to this, vendors charge more when listed on Grab, which adds to cost. Without the incentives, sales is expected to plummet.
Miriammal savior_bata: It feels like you're suggesting to stay away from AGC/Grab, as many vectors are pointing in the wrong direction?