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 honestbee is Suspending Its Operations, temporarily, n might be owing money

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SUSrenomahans
post Sep 15 2020, 02:49 PM

On my way
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Junior Member
523 posts

Joined: Jun 2019
QUOTE(xander83 @ Sep 15 2020, 02:50 AM)
Grab been losing money since Uber left because their sugar daddy is pouring money into other investments

2nd for so call disruptive tech firm business efficiency and demand matching with consumer spending been weak hence with bloated efficiency losing money

Will want to see the collapse of it because useless app with useless services rendered by it  rclxms.gif
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well, probably its karma for set up HQ in Spore instead of Msia.
SUSxander83
post Sep 15 2020, 06:50 PM

Blast off like a rocket
*******
Senior Member
6,427 posts

Joined: Jan 2003
From: Autobiography!!!
QUOTE(red4900 @ Sep 15 2020, 01:01 PM)
Has Grab EVER been profitable?
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Just for a short period when Uber left SEA for close to a year then kaboom it went downhill

QUOTE(renomahans @ Sep 15 2020, 02:49 PM)
well, probably its karma for set up HQ in Spore instead of Msia.
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Nothing to do with karma as setting up in HQ is justifiable due to low corporate tax of 18% and more access to capital financing rclxms.gif

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