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News Grab buys Jaya Grocer, Updates: up to RM1.8b

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mick84
post Dec 14 2021, 09:40 PM

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Grocery is everywhere now.
NoNameSoldier
post Dec 14 2021, 09:42 PM

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QUOTE(FLYING PANTIES @ Dec 14 2021, 07:47 PM)
Actually ayam sakit hati also why khazanah didnt invest in grab,

But thinking about it, Grab wont go that far if khazanah ever invested in it.

Haih dilemma  doh.gif
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Tongkat is top priority
thelonely
post Dec 14 2021, 09:45 PM

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QUOTE(msacras @ Dec 14 2021, 05:11 PM)
Hai kelas grocer, pipits can't afford.
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actually the price is quite reasonable
kelvinfixx
post Dec 14 2021, 09:45 PM

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expensive buy.
SUSCincai lar
post Dec 14 2021, 09:52 PM

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so now got online groceries ??
smokey
post Dec 14 2021, 10:12 PM

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But y buy grocery store in msia?
Y not other countries?
blanket84
post Dec 14 2021, 10:13 PM

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QUOTE(thelonely @ Dec 14 2021, 09:45 PM)
actually the price is quite reasonable
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Yeah. Most common brands are almost the same price as in Tesco, Giant, Aeon Big & the likes. Fresh produces probably around 5-10% more expensive but 100% fresher. Whoever said Jaya Grocer is expensive probably never step into Jaya Grocer before sweat.gif
Syie9^_^
post Dec 14 2021, 10:46 PM

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QUOTE(Imp Bron @ Dec 14 2021, 06:47 PM)
Grab need to take over online shopping
They can become Amazon of east asia if they play their cards right
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I hope they do!

Can tell AA to pack their bags already rclxms.gif rclxm9.gif

This post has been edited by Syie9^_^: Dec 14 2021, 10:47 PM
Syie9^_^
post Dec 14 2021, 10:48 PM

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QUOTE(blanket84 @ Dec 14 2021, 11:43 PM)
Yeah. Most common brands are almost the same price as in Tesco, Giant, Aeon Big & the likes. Fresh produces probably around 5-10% more expensive but 100% fresher. Whoever said Jaya Grocer is expensive probably never step into Jaya Grocer before sweat.gif
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people dont know quality vs quantity.

When you are B40s, one will yearn for more quantity but shitty not fresh. Down the road they paid with their healthcare cost
Syie9^_^
post Dec 14 2021, 10:51 PM

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QUOTE(smokey @ Dec 14 2021, 11:42 PM)
But y buy grocery store in msia?
Y not other countries?
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there is alot eco system weakness in malaysia grocer. Ever store now price war with each other. As long they got market, they dont have this that or the other that...

with GRAB join in, it will flatten the delivery line. Providing more scale of services...so on..

Like Amazon Fresh. Built upon Amazon eco system. BUT, its fragmented gears with little lubricant.

The rest, just read Amazon.
lznce2679
post Dec 14 2021, 10:53 PM

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singapore based
haha..maaf anda bukan kerajaan
Syie9^_^
post Dec 14 2021, 10:54 PM

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QUOTE(elm0001 @ Dec 14 2021, 07:44 PM)
billionaire inkambing these 2 founders
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Billionaire is one, staying LONG in the game is another story.

You want to be as long as Bill Gates, Not as long as Jack Ma before got culled.
Ayambetul
post Dec 14 2021, 11:01 PM

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QUOTE(pobox @ Dec 14 2021, 05:16 PM)
So now all Grab riders can chill out at the front door of Jaya Grocer while waiting for orders
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Ini maciam no kelas liao jaya grocer

This post has been edited by Ayambetul: Dec 14 2021, 11:01 PM
JeremyLord
post Dec 14 2021, 11:02 PM

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Time to Grab all of your moolah
green_algae
post Dec 14 2021, 11:05 PM

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QUOTE(Syie9^_^ @ Dec 14 2021, 10:48 PM)
people dont know quality vs quantity.

When you are B40s, one will yearn for more quantity but shitty not fresh. Down the road they paid with their healthcare cost
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B40 think about immediate survival, not long term cost vs benefits.
pej425
post Dec 15 2021, 12:07 AM

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soon 51% ownership coming soon
empyreal
post Dec 15 2021, 12:30 AM

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Whatever jaya grocer's prospects are, the market isnt taking the news well. Grab dropped 12%, outpacing the general market decline.
Twins10
post Dec 15 2021, 01:00 AM

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Grab holdings just tank usd1! Now 6.18. more than 50% from high of USD 13....

This post has been edited by Twins10: Dec 15 2021, 01:06 AM
Angry Clerk
post Dec 15 2021, 01:06 AM

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QUOTE(Solar Calendar @ Dec 14 2021, 05:10 PM)
Dun say Jaya Grocer la, even buy Maybank also can. With their insane IPO money
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you understand that market cap is not equivalent to cash in hand ya
SUSForgotPassword
post Dec 15 2021, 01:09 AM

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QUOTE(empyreal @ Dec 15 2021, 12:30 AM)
Whatever jaya grocer's prospects are, the market isnt taking the news well. Grab dropped 12%, outpacing the general market decline.
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Tech company buying grocery.

Suddenly everyone was thinking "what shares am I actually holding"??

Grossly overvalued.

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