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> Is Grab a dying company?

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aral3005
post Jan 22 2020, 05:44 PM

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987 posts

Joined: Jul 2008
From: Kuala Lumpur
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

 

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