$Grab Holdings (GRAB.US)$Fundamentals: It’s revenue is 30 ti...

$Grab Holdings(GRAB.US)$ Fundamentals: It’s revenue is 30 times less than that of $Uber Technologies(UBER.US)$ , so it is still 5-10 times overvalued. Forget any profitability anytime soon. South East Asia is generally a very competitive market, new players like gojek will also eat into their market share. That being said it’s services are good, at least here in Singapore.
Technicals: trading below of all of its moving averages.

I ever thought $Grab Holdings(GRAB.US)$ would go much lower than $6, and now its $5.495, even $DiDi Global (Delisted)(DIDI.US)$ is a better choice if you can convert it’s adrs into HK shares (of course, I wouldn’t touch both of them).