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> Is Grab a dying company?

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TSTeddysaur
post Jan 22 2020, 04:26 PM, updated 3 months ago

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Seems everywhere around Klang Valley will say
No drivers around expect longer wait.

Or is this their way to milk all those rm30 by hiking the price?
Pichu00
post Jan 22 2020, 04:28 PM

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Why u jelly??
Baconateer
post Jan 22 2020, 04:28 PM

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Dying?

What????

They are applying for a digital banking licence..

is this what a dying company will do?
ridox_orimabu
post Jan 22 2020, 04:29 PM

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why did u say that? even if you are overcharge,u can just simply report it to GRAB so they can refund u.
xtylish
post Jan 22 2020, 04:29 PM

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sometimes i take taxi because high demand surcharge is very ex
billy08
post Jan 22 2020, 04:31 PM

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Now no uber to compete. So Grab monopoly dy ..
TSTeddysaur
post Jan 22 2020, 04:31 PM

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QUOTE(Baconateer @ Jan 22 2020, 04:28 PM)
Dying?

What????

They are applying for a digital banking licence..

is this what a dying company will do?
*
QUOTE(ridox_orimabu @ Jan 22 2020, 04:29 PM)
why did u say that? even if you are overcharge,u can just simply report it to GRAB so they can refund u.
*
Then why no drivers around?
That should be a clear indicator that the company is dying.
ZerOne01
post Jan 22 2020, 04:32 PM

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did you put sexual orientation on your profile?
brkli
post Jan 22 2020, 04:32 PM

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no GrabCar, still have GrabPay and GrabFood.
mixedice
post Jan 22 2020, 04:32 PM

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QUOTE(Teddysaur @ Jan 22 2020, 04:31 PM)
Then why no drivers around?
That should be a clear indicator that the company is dying.
*
ngam ngam no drivers atm mah
Baconateer
post Jan 22 2020, 04:32 PM

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QUOTE(Teddysaur @ Jan 22 2020, 04:31 PM)
Then why no drivers around?
That should be a clear indicator that the company is dying.
*
nowadays Grab is more thn just an e-hailing company la..

2020 already la
milfap
post Jan 22 2020, 04:35 PM

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With MILF like this where got dying ??? wub.gif

user posted image
ridox_orimabu
post Jan 22 2020, 04:36 PM

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QUOTE(Teddysaur @ Jan 22 2020, 04:31 PM)
Then why no drivers around?
That should be a clear indicator that the company is dying.
*
this is normal as PSV enforcement took place.

so many ex-driver are still waiting for their license to be up.

have u heard why the actual reason why so many driver gone MIA?

coz most of them dont even own the car. so cannot take psv license and therefor they need another way.
jbcoder
post Jan 22 2020, 04:38 PM

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None of these companies are profitable in the first place, at least not on paper.

However, they make a great money laundering tech platform for corporate investors who wants to evade taxes.

Founders get to enjoy some money laundered by the investors.

Declare losses so no tax to pay.



ridox_orimabu
post Jan 22 2020, 04:39 PM

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QUOTE(milfap @ Jan 22 2020, 04:35 PM)
With MILF like this where got dying ??? wub.gif

user posted image
*
hmm.gif
Kritikal
post Jan 22 2020, 04:39 PM

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Gaung eng rm30 minister
ridox_orimabu
post Jan 22 2020, 04:40 PM

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QUOTE(Baconateer @ Jan 22 2020, 04:28 PM)
Dying?

What????

They are applying for a digital banking licence..

is this what a dying company will do?
*
i was surprise when they apply this but then again it was the most clever move by grab.

even banks have problem to do so in moving to 100% digital. so they have the upper sleeve..somehow.
ridox_orimabu
post Jan 22 2020, 04:41 PM

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QUOTE(billy08 @ Jan 22 2020, 04:31 PM)
Now no uber to compete. So Grab monopoly dy ..
*
true.

despite mycar is there... grab still is the king.
Nanti Sekejap
post Jan 22 2020, 04:43 PM

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QUOTE(Teddysaur @ Jan 22 2020, 04:31 PM)
Then why no drivers around?
That should be a clear indicator that the company is dying.
*
When the demand is greater than what the company can supply, the company is up up, leng chai
damonlbs
post Jan 22 2020, 04:45 PM

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what dying

its a $14 billion company now
destiny6
post Jan 22 2020, 04:47 PM

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Grab drivers complain ping sendu, fare ciput je.....hmm.gif
Meanwhile most 20k club members are Grab drivers laugh.gif
nebula87
post Jan 22 2020, 04:48 PM

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You just can't get a ride...you are banned by Grab
billy08
post Jan 22 2020, 04:59 PM

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QUOTE(ridox_orimabu @ Jan 22 2020, 04:41 PM)
true.

despite mycar is there... grab still is the king.
*
when uber still around u can catch RM3/RM4 rides .. but once uber merge, now rides all doubled (100%)
gashout
post Jan 22 2020, 05:05 PM

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QUOTE(billy08 @ Jan 22 2020, 04:59 PM)
when uber still around u can catch RM3/RM4 rides .. but once uber merge, now rides all doubled (100%)
*
Agree. Missing those time.

Nicely say it's to provide cheaper alternative to taxi. Now that they monopolize the market they start to behave like taxi as well, simply call high fare and say high demand.

Customers get penalized because they're short of drivers. Fare is ridiculously high.

I've checked grab vs mycar to same destination, grab fare is almost double that of mycar.

Can always give mycar a chance. More unstable platform I think lack popularity and funding. But I think it's give for public to help reduce monopoly in e hailing world in Malaysia.

billy08
post Jan 22 2020, 05:15 PM

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QUOTE(gashout @ Jan 22 2020, 05:05 PM)
Agree. Missing those time.

Nicely say it's to provide cheaper alternative to taxi. Now that they monopolize the market they start to behave like taxi as well, simply call high fare and say high demand.

Customers get penalized because they're short of drivers. Fare is ridiculously high.

I've checked grab vs mycar to same destination, grab fare is almost double that of mycar.

Can always give mycar a chance. More unstable platform I think lack popularity and funding. But I think it's give for public to help reduce monopoly in e hailing world in Malaysia.
*
Ok. Lets give mycar a try ..
destiny6
post Jan 22 2020, 05:17 PM

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QUOTE(gashout @ Jan 22 2020, 05:05 PM)
Agree. Missing those time.

Nicely say it's to provide cheaper alternative to taxi. Now that they monopolize the market they start to behave like taxi as well, simply call high fare and say high demand.

Customers get penalized because they're short of drivers. Fare is ridiculously high.

I've checked grab vs mycar to same destination, grab fare is almost double that of mycar.

Can always give mycar a chance. More unstable platform I think lack popularity and funding. But I think it's give for public to help reduce monopoly in e hailing world in Malaysia.
*
QUOTE(billy08 @ Jan 22 2020, 05:15 PM)
Ok. Lets give mycar a try ..
*
Provided you managed to get a driver for MyCar whistling.gif
Grab will just laugh lol....
dawnreaver
post Jan 22 2020, 05:21 PM

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MyCar has even less drivers than Grab. bangwall.gif
kirakosmos
post Jan 22 2020, 05:22 PM

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QUOTE(Teddysaur @ Jan 22 2020, 04:31 PM)
Then why no drivers around?
That should be a clear indicator that the company is dying.
*
it either 2 reasons:
1) that is isolated area
2) driver become less bcoz of enforcement
if not either, maybe they know you gay rclxms.gif rclxms.gif
Boy96
post Jan 22 2020, 05:22 PM

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Passenger komplen fare mahal
Driver komplen fare rendah + jauh nak pickup + diva rider

Grab buat bodo


party
post Jan 22 2020, 05:25 PM

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QUOTE(destiny6 @ Jan 22 2020, 04:47 PM)
Grab drivers complain ping sendu, fare ciput je.....hmm.gif
Meanwhile most 20k club members are Grab drivers laugh.gif
*
i grab riders...seems most /k work for me biggrin.gif
destiny6
post Jan 22 2020, 05:27 PM

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QUOTE(party @ Jan 22 2020, 05:25 PM)
i grab riders...seems most /k work for me  biggrin.gif
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Behalf of /K grab drivers we thank for your suppork laugh.gif
loli_yat
post Jan 22 2020, 05:28 PM

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QUOTE(Teddysaur @ Jan 22 2020, 04:31 PM)
Then why no drivers around?
That should be a clear indicator that the company is dying.
*
Drivers all malas drive oledi. Passengers macam jibai. Abit abit 1 star...
TSTeddysaur
post Jan 22 2020, 05:30 PM

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QUOTE(loli_yat @ Jan 22 2020, 05:28 PM)
Drivers all malas drive oledi. Passengers macam jibai. Abit abit 1 star...
*
If ask use seatbelt when sitting at the back sure 1 star la
yhtan
post Jan 22 2020, 05:30 PM

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confirm is teddy face problem, just now lunch time order got plenty of car
malibuchong
post Jan 22 2020, 05:31 PM

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MOT did a very good job there for taxi driver...👍
loli_yat
post Jan 22 2020, 05:32 PM

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QUOTE(Teddysaur @ Jan 22 2020, 05:30 PM)
If ask use seatbelt when sitting at the back sure 1 star la
*
Not only that...

Rider kana high fare pun driver kana 1 star.

Rider ask to drop further abit, if the driver little hesitant, oso 1 star...
Divou
post Jan 22 2020, 05:32 PM

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QUOTE(Teddysaur @ Jan 22 2020, 04:26 PM)
Seems everywhere around Klang Valley will say
No drivers around expect longer wait.

Or is this their way to milk all those rm30 by hiking the price?
*
Last month I helped one Indonesian called Grab at the immigration. To my suprise the moment a driver was found, the driver called me and he was actually right behind me all the while. Then I saw him negotiating with another foreigner.

I left the place and 5 minutes later saw the customer no show status. Then I realised, that driver took two different passengers to two different places. Once the passengers got into the car he put up that status. He only used Grab so that passengers could find him. Once found, he bypassed Grab so that he could charge a little extra ( informed to me by the passenger ) and received the full fare.

This post has been edited by Divou: Jan 22 2020, 05:33 PM
patienceGNR
post Jan 22 2020, 05:33 PM

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QUOTE(Teddysaur @ Jan 22 2020, 04:26 PM)
Seems everywhere around Klang Valley will say
No drivers around expect longer wait.

Or is this their way to milk all those rm30 by hiking the price?
*
They offer rental cars to drivers. Good.

But drivers now have to wait at least 3 months to get a vehicle.

They should just get not only Bezza but other cars like Persona.
shahrul09
post Jan 22 2020, 05:36 PM

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Lel.. pretty sure main goal not ehailing
loon90
post Jan 22 2020, 05:37 PM

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Boost only is dying, I would not use boost compared to Grab/TNG
K.I.T.T
post Jan 22 2020, 05:37 PM

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QUOTE(Teddysaur @ Jan 22 2020, 04:26 PM)
Seems everywhere around Klang Valley will say
No drivers around expect longer wait.

Or is this their way to milk all those rm30 by hiking the price?
*
Grab dah adjust kommision fees no more rm4
aral3005
post Jan 22 2020, 05:44 PM

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QUOTE(jbcoder @ Jan 22 2020, 04:38 PM)
None of these companies are profitable in the first place, at least not on paper.

However, they make a great money laundering tech platform for corporate investors who wants to evade taxes.

Founders get to enjoy some money laundered by the investors.

Declare losses so no tax to pay.
*
Yes
Got youtube video explaining this
grixis
post Jan 22 2020, 05:45 PM

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U guys shud try taxi
Now is cheaper than grab lol
party
post Jan 22 2020, 06:06 PM

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QUOTE(Divou @ Jan 22 2020, 05:32 PM)
Last month I helped one Indonesian called Grab at the immigration. To my suprise the moment a driver was found, the driver called me and he was actually right behind me all the while. Then I saw him negotiating with another foreigner.

I left the place and 5 minutes later saw the customer no show status. Then I realised, that driver took two different passengers to two different places. Once the passengers got into the car he put up that status. He only used Grab so that passengers could find him. Once found, he bypassed Grab so that he could charge a little extra ( informed to me by the passenger ) and received the full fare.
*
Workable few times only but then once they foubd regular they stopped grab. Met few drivers like tat..with multiple chat grps got wat bookin n booking.

Well..those customers need pray tho. If anything happen insurance wont pay lol
tifosi
post Jan 22 2020, 06:23 PM

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QUOTE(loon90 @ Jan 22 2020, 05:37 PM)
Boost only is dying, I would not use boost compared to Grab/TNG
*
Actually Boost dish out pretty good loyalty points if you're level 4. Grab plat still ok but after March 15, can throw to the bin. TnG no loyality prog pun.
WallMaker
post Jan 22 2020, 06:27 PM

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This is grab helpline, how can I help you?
My Name is Sheila
post Jan 22 2020, 06:28 PM

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Grab is diversifying, not just Grabcar. You need to open your eyes.
party
post Jan 22 2020, 06:29 PM

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QUOTE(destiny6 @ Jan 22 2020, 05:27 PM)
Behalf of /K grab drivers we thank for your suppork laugh.gif
*
If u also driver i will give u rm5 tips if get u LOL
destiny6
post Jan 22 2020, 06:30 PM

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QUOTE(party @ Jan 22 2020, 06:29 PM)
If u also driver i will give u rm5 tips if get u LOL
*
Unfortunately I quit driving Grab very long ago laugh.gif

party
post Jan 22 2020, 06:31 PM

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QUOTE(destiny6 @ Jan 22 2020, 06:30 PM)
Unfortunately I quit driving Grab very long ago laugh.gif
*
Oh no..too bad. Save it for other ktards liao
moonday
post Jan 22 2020, 06:34 PM

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i think people going back to old school taxi service, the testing new service phase is over, the fare more or less same with taxi, but with taxi its right in front of you
Divou
post Jan 22 2020, 06:47 PM

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QUOTE(moonday @ Jan 22 2020, 06:34 PM)
i think people going back to old school taxi service, the testing new service phase is over, the fare more or less same with taxi, but with taxi its right in front of you
*
Sometimes Grab even more expensive tham taxis
POYOZER
post Jan 22 2020, 06:51 PM

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Poor service and have many bad drivers. Very hard to get a ride especially at KLIA even though tons of them waiting at Waiting Point. Sometimes they do can accept but then the driver purposely just staying there and let the customer to cancel the ride. The drivers love to choose the destination. Not much different than taxi drivers already.

Every day I never had any problem with Uber Dubai. Even though it is a bit pricey but sure no problem to get a ride. The lowest car is Lexus ES.

This post has been edited by POYOZER: Jan 22 2020, 06:52 PM
ju146
post Jan 22 2020, 06:54 PM

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Grab system detected you muka penganas
POYOZER
post Jan 22 2020, 06:56 PM

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QUOTE(gashout @ Jan 22 2020, 05:05 PM)
Agree. Missing those time.

Nicely say it's to provide cheaper alternative to taxi. Now that they monopolize the market they start to behave like taxi as well, simply call high fare and say high demand.

Customers get penalized because they're short of drivers. Fare is ridiculously high.

I've checked grab vs mycar to same destination, grab fare is almost double that of mycar.

Can always give mycar a chance. More unstable platform I think lack popularity and funding. But I think it's give for public to help reduce monopoly in e hailing world in Malaysia.
*
That’s why need competitor. Just imagine one day AA taking over [email protected]
ju146
post Jan 22 2020, 06:57 PM

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QUOTE(loon90 @ Jan 22 2020, 05:37 PM)
Boost only is dying, I would not use boost compared to Grab/TNG
*
Boost behind the scene provide micro financing for supply chain financing. Dont think they are dying anytime soon
cucumber
post Jan 22 2020, 07:00 PM

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Many people already shifting to mycar... dont let grab get away with their super high price
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post Jan 22 2020, 07:01 PM

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Askzra
post Jan 22 2020, 07:09 PM

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far from dying.

now not only grabcar, got food and other thing also.


hickups
post Jan 22 2020, 07:24 PM

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Ramai driver suda gantung kunci....
saintnotsinner
post Jan 22 2020, 07:28 PM

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maybe it's your area

or

maybe @ odd hours (midnight - 6am)

or

maybe TS is the problem.. hmmmm laugh.gif icon_rolleyes.gif

This post has been edited by saintnotsinner: Jan 22 2020, 07:29 PM
even_steven
post Jan 22 2020, 07:32 PM

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QUOTE(Boy96 @ Jan 22 2020, 05:22 PM)
Passenger komplen fare mahal
Driver komplen fare rendah + jauh nak pickup + diva rider

Grab buat bodo
*
+1
Imp Bron
post Jan 22 2020, 07:41 PM

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Only grabcar not profitable, so does other ride sharing business in other place around the world. These kind of business model only expected to be profitable when robotaxi technology comes online. Right now they just maintain the ride sharing business to hold the market share so that when the technology finally ready they are already fully prepared

But heard other grab service like Grab Pay, Grab Food, Grab express are profitable. Now Grab aim to be digital bank like Alipay, wechatpay. Soon we will be able to take microloan through grab app.

This post has been edited by Imp Bron: Jan 22 2020, 07:42 PM
TheReaderReads
post Jan 22 2020, 07:43 PM

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Lol not in sg

Grab car
Grab food

They r numba wan
Flyinghighaero
post Jan 22 2020, 07:48 PM

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Grab as a ride sharing company won't grow anymore. Same with Uber. Grab knows this and what you see in Grab food, wallet etc is them finding more profitable business.

They will only try to prevent great loss of driver. So no more super incentive for driver or rider anymore.
TechnoG
post Jan 22 2020, 07:51 PM

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yesterday 6pm rush hour need get home urgently from LRT

open grab no drivers nearby and 5 mins wait, fare was RM 8

I fak it hop into a red cab, paid only RM 7


not.a.dupe
post Jan 22 2020, 08:09 PM

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Last month was quite good, i saw more drivers and my bookings was quickly accepted. But this few weeks back to longer waiting time. Mostly i have to wait for the driver to drop off another rider first.
gashout
post Jan 22 2020, 09:27 PM

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QUOTE(cucumber @ Jan 22 2020, 07:00 PM)
Many people already shifting to mycar... dont let grab get away with their super high price
*
+1

JimbeamofNRT
post Jan 22 2020, 11:11 PM

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QUOTE(Teddysaur @ Jan 22 2020, 04:26 PM)
Seems everywhere around Klang Valley will say
No drivers around expect longer wait.

Or is this their way to milk all those rm30 by hiking the price?
*
minimum now rm9 during peak hour at my place. for 2km+ journey


hirano
post Jan 22 2020, 11:23 PM

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QUOTE(tifosi @ Jan 22 2020, 06:23 PM)
Actually Boost dish out pretty good loyalty points if you're level 4. Grab plat still ok but after March 15, can throw to the bin. TnG no loyality prog pun.
*
Grab plat after march become what?

Explain sikit?
destiny6
post Jan 22 2020, 11:25 PM

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QUOTE(Imp Bron @ Jan 22 2020, 07:41 PM)
Only grabcar not profitable, so does other ride sharing business in other place around the world. These kind of business model only expected to be profitable when robotaxi technology comes online. Right now they just maintain the ride sharing business to hold the market share so that when the technology finally ready they are already fully prepared

But heard other grab service like Grab Pay, Grab Food, Grab express are profitable. Now Grab aim to be digital bank like Alipay, wechatpay. Soon we will be able to take microloan through grab app.
*
Not profitable to driver only gua.....grab still cut the commission, demand is still there
Imp Bron
post Jan 22 2020, 11:35 PM

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QUOTE(destiny6 @ Jan 22 2020, 11:25 PM)
Not profitable to driver only gua.....grab still cut the commission, demand is still there
*
They still making losses la
https://www.google.com/amp/s/www.cnbc.com/a...itable-ceo.html

Anthony tan said will go public once profitable. 12 month from Nov 2019. Which mean Nov 2020 will finally start profitable

Tho like Uber/Lyft and all rideshare every year taichi this xx year will be profitable but end up every year still making billions of losses
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post Jan 22 2020, 11:43 PM

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Some areas no drivers at certain time, especially Friday noon
Imp Bron
post Jan 22 2020, 11:44 PM

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QUOTE(not.a.dupe @ Jan 22 2020, 08:09 PM)
Last month was quite good, i saw more drivers and my bookings was quickly accepted. But this few weeks back to longer waiting time. Mostly i have to wait for the driver to drop off another rider first.
*
It's open market competition between grab and MyCar, they keep cutting price to out price each other. Old driver no like the new price so they cancel a lot. Grab no like old driver cancellation rate so they just ban them and pay new recruits rm500 to get more new drivers. However Grab probably overestimated new driver intake flow. Now they add rm300 more which make total rm800 recruitment incentive to the new drivers
kamfoo
post Jan 22 2020, 11:55 PM

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Support local company
tifosi
post Jan 23 2020, 12:09 AM

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QUOTE(hirano @ Jan 22 2020, 11:23 PM)
Grab plat after march become what?

Explain sikit?
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Come March, you’ll be earning 3 times less points compare to today. Currently the rate is about RM 1 to RM 0.075 cents worth of points. Which is about 7.5%. Not too shabby. I’m march it’ll be 2.5% or so. Not to mention it’s harder to maintain plat status as you’ll be getting lesser pts.
hirano
post Jan 23 2020, 12:12 AM

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QUOTE(tifosi @ Jan 23 2020, 12:09 AM)
Come March, you’ll be earning 3 times less points compare to today. Currently the rate is about RM 1 to RM 0.075 cents worth of points. Which is about 7.5%. Not too shabby. I’m march it’ll be 2.5% or so. Not to mention it’s harder to maintain plat status as you’ll be getting lesser pts.
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I got almost 7000 points. Better spend now?
tifosi
post Jan 23 2020, 09:28 AM

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QUOTE(hirano @ Jan 23 2020, 12:12 AM)
I got almost 7000 points. Better spend now?
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Spend you can spend anytime. Not that I know of there's any inflation of points coming soon. But just that you'll collect way less points after March 15.
meteoraniac
post Jan 23 2020, 09:37 AM

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grab is so deeply entrenched in our retail experience now

food service, transport service, b2c service...

i for welcome our new payment Overlord...
kingmafia
post Jan 23 2020, 09:45 AM

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QUOTE(ridox_orimabu @ Jan 22 2020, 04:36 PM)
this is normal as PSV enforcement took place.

so many ex-driver are still waiting for their license to be up.

have u heard why the actual reason why so many driver gone MIA?

coz most of them dont even own the car. so cannot take psv license and therefor they need another way.
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tisuepaper
post Jan 23 2020, 09:47 AM

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QUOTE(ridox_orimabu @ Jan 22 2020, 05:36 PM)
this is normal as PSV enforcement took place.

so many ex-driver are still waiting for their license to be up.

have u heard why the actual reason why so many driver gone MIA?

coz most of them dont even own the car. so cannot take psv license and therefor they need another way.
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different from what I heard from few grab driver,
those use their own car taking longer time to take psv and have to follow up with grab many many times on top of puspakom as well
and those who decide to rent daily car from grab, the psv can take within 2/3 weeks after they apply
ridox_orimabu
post Jan 23 2020, 09:51 AM

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QUOTE(tisuepaper @ Jan 23 2020, 09:47 AM)
different from what I heard from few grab driver,
those use their own car taking longer time to take psv and have to follow up with grab many many times on top of puspakom as well
and those who decide to rent daily car from grab, the psv can take within 2/3 weeks after they apply
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its not wrong at all.

the one that car does not belong to them that i mentioned, also does not belong to grab. so its pinjam abg adik ayah mak punya car.

im well aware of the rental one for psv license applicant.
askingquestion
post Jan 23 2020, 09:51 AM

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QUOTE(Imp Bron @ Jan 22 2020, 11:35 PM)
They still making losses la
https://www.google.com/amp/s/www.cnbc.com/a...itable-ceo.html

Anthony tan said will go public once profitable. 12 month from Nov 2019. Which mean Nov 2020 will finally start profitable

Tho like Uber/Lyft and all rideshare every year taichi this xx year will be profitable but end up every year still making billions of losses
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Uber make loses because they invest billions in R&D. Doubt Grab is that willing to spend on R&D.

https://www.businessinsider.my/where-uber-s...19-8/?r=US&IR=T

Research and development was Uber’s biggest operating expense on its income statement. But much of that expense – $2.6 billion of the $3.1 billion total – came in the form of stock-based compensation, and that figure ballooned because of IPO-related vesting of certain restricted shares.

Still, Uber is investing heavily in R&D. Between its Advanced Technologies Group, which is developing self-driving cars in Pittsburgh, Toronto, and San Francisco; New Mobility, which is launching new e-bikes and adding public-transit options to Uber’s app; Elevate, the unit dedicated to making flying taxis a reality; and improvements to its core ride-hailing business’ dispatching, routing, and fare algorithms; there’s plenty to spend money on.

QUOTE(Teddysaur @ Jan 22 2020, 04:31 PM)
Then why no drivers around?
That should be a clear indicator that the company is dying.
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This just means more customer than driver. Sounds like good business to me.

This post has been edited by askingquestion: Jan 23 2020, 09:58 AM
Invince_Z
post Jan 23 2020, 09:55 AM

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QUOTE(Teddysaur @ Jan 22 2020, 04:26 PM)
Seems everywhere around Klang Valley will say
No drivers around expect longer wait.

Or is this their way to milk all those rm30 by hiking the price?
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babi apa no drivers. now fare macam do charity. bonus/incentive also berkira.
Invince_Z
post Jan 23 2020, 09:56 AM

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QUOTE(askingquestion @ Jan 23 2020, 09:51 AM)
Uber make loses because they invest billions in self driving car tech. Doubt Grab is that willing to spend on R&D.
This just means more customer than driver. Sounds like good business to me.
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if more customers the fare would be higher as demand is high, but fare is low now.
Glue Lu
post Jan 23 2020, 09:57 AM

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when u saying dying, i laugh. multi-billion worth of company, multi-national, diversify in new industry, monopoly in msia market. u come out this statement when u cant get a driver? well done
Glue Lu
post Jan 23 2020, 09:57 AM

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when u saying dying, i laugh. multi-billion worth of company, multi-national, diversify in new industry, monopoly in msia market. u come out this statement when u cant get a driver? well done
damonlbs
post Jan 23 2020, 10:07 AM

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QUOTE(ter001 @ Jan 23 2020, 09:42 AM)
Why Grab had to leave Malaysia for Singapore???

The Finance Asia magazine published an article that may turn the Malaysian startup world upside down, telling why a startup like Grab made it big in Singapore instead of Kuala Lumpur.

Grab, which started as My Teksi in Malaysia rebranded itself into Grab Taxi after moving to Singapore, leaving Malaysia behind certainly due to regulatory issues on raising funds from international venture capital.

The magazine quoted Chua Kee Lock, group president and CEO of Vertex who told the online publication how the company persuaded Grab to make the move and explained why he expects more hot start-ups from the region to make the same move.

He said the advantages of Singapore is that startups get government subsidies and tax breaks, but more importantly for start-ups and early-stage investors like Vertex is the well-developed ecosystem for start-up funding that helps attract international financiers and bring higher valuations for public offerings.
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Blame LGE

Wait he was not on the job yet
Zoopdiidoo
post Jan 23 2020, 10:10 AM

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still many riders for Grab Food
yhtan
post Jan 23 2020, 10:20 AM

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QUOTE(tisuepaper @ Jan 23 2020, 09:47 AM)
different from what I heard from few grab driver,
those use their own car taking longer time to take psv and have to follow up with grab many many times on top of puspakom as well
and those who decide to rent daily car from grab, the psv can take within 2/3 weeks after they apply
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Rental car just need PSV.

As for own car not only PSV, has to conduct Puspakom check if above 3 years, then have to apply EVP (Electronic Vehicle Permit) from APAD. Sometimes the EVP took 1-2 weeks to obtain. The whol process might take 3-4 weeks to complete. Not like in the old days can activate within the day.


adren1
post Jan 23 2020, 10:26 AM

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Grab MasterCard asia's first numberless card coming to MY soon
not.a.dupe
post Jan 24 2020, 12:22 PM

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QUOTE(Imp Bron @ Jan 22 2020, 11:44 PM)
It's open market competition between grab and MyCar, they keep cutting price to out price each other. Old driver no like the new price so they cancel a lot. Grab no like old driver cancellation rate so they just ban them and pay new recruits rm500 to get more new drivers. However Grab probably overestimated new driver intake flow. Now they add rm300 more which make total rm800 recruitment incentive to the new drivers
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Oh that explains the better pricing im getting recently. Grab was getting quite high and i tried mycar for a bit. Although before booking a trip, i'd make price comparison. Mycar was significantly cheaper but lately grab is back to their old pricing. Its good that mycar is keeping the competition in check.

 

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