诶嘿_原来你也是韭菜 : It's making lost and bout to declare bankruptcy, not even sustainable at all. People here to buy due to "greater fool theory", they expect someone to buy at a higher price instead of buying on the company's value. It's a gamble from the start, the hype of getting rich. Buy without really understanding what happened, full of delusions, driven by emotions.
I have no idea why they push it, just to beat short? Have some personal issue with Wallstreet? The company is not doing great compared to its competitors of course it's going down. What it gonna do staying listed, revive and compete with Tesla?
Apologies to whoever reading this if it makes u feel assaulted for some reason. Stay safe and happy trading.

诶嘿_原来你也是韭菜 :

诶嘿_原来你也是韭菜OP : From what I've seen personally ,it's making lost and never make profit yet, but it's getting better and better. Unfortunately still not profitable 1st Quarter of 2024, but Grab is trying to expand its business field, such as financial sector, GXBank for example.
From my POV it does, is a company that has the potential to shine in the future, at least look like so on paper. In Malaysia from where I live, I've seen grab delivery everywhere everyday, of course as well as its competitor like Shopee or Foodpanda.
Analysts giving price targets well above current price, lowest at 3.8 based on Moomoo, highest even reach 6 or 7. Indicating that Grab might be undervalued, and I'm planning to hold it for years.
Again, that's just my personal opinion, doesn't represent what others see. I did like to hear others opinions and views as I'm still new and learning yet.