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

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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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