This is too random, I believe there is no actual factual evidence that this is happening yet, and the blog writer already had a confirmation bias and is finding connections to fit that bias.
And worse still, grab is still in the midst of running it's IPO, and I have my doubts on the profitability of grabfood versus their e-hailing business anyway. I think grabfood is making a loss each time it books an order.
Anyway, investing based on hope can be a recipe for disaster or GREAT SUCCESS. I wish the writer all the best! Hope this investment turn out great for the writer.
I dont think Grab would acquire Cuscapi System...to become efficiency for Grab operation, you dont need to acquire whole Cuscapi but you can purchase their Good & Services...
In terms of POS device integration, business owners with POS devices can tap into Grab's Asean-wide user base, without having to change their hardware or sales and accounting systems. Merchants can simply add GrabPay as a payment method on their existing POS device.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ricky Yeo
1,637 posts
Posted by Ricky Yeo > 2019-03-19 03:38 | Report Abuse
A high potential stock on the basis that Grab might use Cuscapi's product without any evidence?