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seba240698 Senior	18-Dec-2020 21:54        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	And why do you think Grab hold the fares increase and removal of incentives for 6 months? If it is what you say "free to increase", then why wait 6 months? It is very simple. Let's say you go to hawker centre and there are 2 chicken rice stalls side by side, same quality, save portion, both tasty. Which stall would you choose? To me, if everything is the same, I'll look at the price. I'll choose one with a cheaper price. Right now Grab is just slightly, I would say, maybe 5% cheaper than CDG, so when Grab increases the fares, won't the riders go to taxis? Both Grab and CDG apps are very easy to use, very easy to install on mobile phones. I tried before, Grab gives discount sometime, so do CDG, it gives discount once a while. In fact, I think CDG managed to poach a few Marketing Managers from Grab. You see CDG marketing tactics are getting similar and closer to Grab. And the drivers side. If you remove the incentives, driving PHV for Grab becomes rather pointless for the following reasons: 1) slightly lower fares compared to taxis, 2) pay 20% commission to Grab, taxis pays only 50 cents per call and after midnight foc, 3) can't street pick, can't wait, drop or pick up passengers at taxi stands, 4) can't carry children without child seats, 5) cannot cancel calls too many times, 6) pay much higher income tax than taxi drivers. (FYI, taxi drivers are allowed to claim tax reliefs for fuel costs, taxi washing, PHVs can't claim any expenses at all, even petrol cost, they can only claim 40% of income and you know that is peanuts. So meaning what? Taxi drivers who want to switch to PHV would have already done so, and moving forward, when incentives are removed, I foresee more people to drive taxis. However, whether taxis or PHVs, CDG always makes money because it owns BOTH taxis and PHVs. Conman      ( Date: 18-Dec-2020 21:02) Posted: Grab is no longer giving incentives to both riders and drivers. It charges 20% of the fares and 30c platform fee for every booking. It is free to increase fares and platform fees anytime but has promised to hold for 6 months. With this, there is no reason not to make money. If it is not making money, then it has to see where the money has gone to, ie, R&D, marketing, infra, staff, other projects, and see whether these are justifiable and can be adjusted. If revenue from ride hailing and food delivery has to be spent on setting up the digibank, then it will continue to lose for a few more years. Grab will be here and when it is listed, funds will chase and not before long it will be an index stock. Npw it is wprth US15b. When listed, hpw mich will it be worth? If CDG harhbours the same attitude as some of you here and hope Grab will die because it is not making money (so far), and just shake legs and pay-correct every month, I pray for them. seba240698      ( Date: 18-Dec-2020 20:13) Posted: I'm not in particular concerned about life after retirement, I'm referring to the companies, can Uber and Gtab make money or not? I already said so many times, Grab and Uber are serving 2 groups of customers whose interest are in direct conflict. Drivers want high fares but riders want low fares, Grab and Uber subsidises them lor.
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Conman Elite	18-Dec-2020 21:02        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Grab is no longer giving incentives to both riders and drivers. It charges 20% of the fares and 30c platform fee for every booking. It is free to increase fares and platform fees anytime but has promised to hold for 6 months. With this, there is no reason not to make money. If it is not making money, then it has to see where the money has gone to, ie, R&D, marketing, infra, staff, other projects, and see whether these are justifiable and can be adjusted. If revenue from ride hailing and food delivery has to be spent on setting up the digibank, then it will continue to lose for a few more years. Grab will be here and when it is listed, funds will chase and not before long it will be an index stock. Npw it is wprth US15b. When listed, hpw mich will it be worth? If CDG harhbours the same attitude as some of you here and hope Grab will die because it is not making money (so far), and just shake legs and pay-correct every month, I pray for them. seba240698      ( Date: 18-Dec-2020 20:13) Posted: I'm not in particular concerned about life after retirement, I'm referring to the companies, can Uber and Gtab make money or not? I already said so many times, Grab and Uber are serving 2 groups of customers whose interest are in direct conflict. Drivers want high fares but riders want low fares, Grab and Uber subsidises them lor. Conman      ( Date: 18-Dec-2020 18:11) Posted: You really think so? He will be a billionaire when Grab is listed. Travis Kalanick was fired by his own board of directors but he is now out of Uber and a multi-billionaire
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Conman Elite	18-Dec-2020 20:37        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Tead my post word by word you will understand. If you still dont inderstan, nothing I can do and nothing I want to do. justicebaogaliao      ( Date: 18-Dec-2020 19:41) Posted: which gate u taking about bro, close liao cannot open one? Alien gates or Bill gates  Conman      ( Date: 18-Dec-2020 19:23) Posted: You can say any nonsense you like. The gate is already close and no others can disguise as a tech company to come in to do taxi business. Taxi licence is a strictly controlled thingy.
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seba240698 Senior	18-Dec-2020 20:13        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I'm not in particular concerned about life after retirement, I'm referring to the companies, can Uber and Gtab make money or not? I already said so many times, Grab and Uber are serving 2 groups of customers whose interest are in direct conflict. Drivers want high fares but riders want low fares, Grab and Uber subsidises them lor. Conman      ( Date: 18-Dec-2020 18:11) Posted: You really think so? He will be a billionaire when Grab is listed. Travis Kalanick was fired by his own board of directors but he is now out of Uber and a multi-billionaire. seba240698      ( Date: 18-Dec-2020 15:31) Posted: Anthony is being screwed big time by his godfather Softbank.
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justicebaogaliao Veteran	18-Dec-2020 19:41        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	which gate u taking about bro, close liao cannot open one? Alien gates or Bill gates  Conman      ( Date: 18-Dec-2020 19:23) Posted: You can say any nonsense you like. The gate is already close and no others can disguise as a tech company to come in to do taxi business. Taxi licence is a strictly controlled thingy. justicebaogaliao      ( Date: 18-Dec-2020 19:01) Posted: also primary school mathematics 2 company with 2 license merge into 1, means 1 license is free to be issued to any tom, dick and harry who wants to join the party moreover, only the government can decide if the gate is closed or not, confirm is not decided by a conma
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Starship Supreme	18-Dec-2020 19:32        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	justicebaogaliao      ( Date: 18-Dec-2020 18:56) Posted: relax Conman, today is tgif and holiday season coming if u have shorted, good luck and hope u can sleep well at night - don' t dream of TRex biting off your pants Conman      ( Date: 18-Dec-2020 18:42) Posted: 3 full licence and 1 temporary licences have already been issued. The gate is already closed. No one else can come in disguessed as a technology company (like the 4 did) to do taxi business. Even if Grab doesnt buy GoJek out, it will marginalise all other apps (including CDG app) to become the dominant app because it can bundle its ride hailing with food delivery and digibank and with SingTel's services. CDG Taxis dont even have a E-wallet and has nothing to bundle with. It has lost the most imppryant critical mass of taxi numbers and riders numbers. You will find its drivers queuing with the Silvercabs and Transcab despite having to pay higher rental and cry father cry mother
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Conman Elite	18-Dec-2020 19:23        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	You can say any nonsense you like. The gate is already close and no others can disguise as a tech company to come in to do taxi business. Taxi licence is a strictly controlled thingy. justicebaogaliao      ( Date: 18-Dec-2020 19:01) Posted: also primary school mathematics 2 company with 2 license merge into 1, means 1 license is free to be issued to any tom, dick and harry who wants to join the party moreover, only the government can decide if the gate is closed or not, confirm is not decided by a conman Conman      ( Date: 18-Dec-2020 18:42) Posted: 3 full licence and 1 temporary licences have already been issued. The gate is already closed. No one else can come in disguessed as a technology company (like the 4 did) to do taxi business. Even if Grab doesnt buy GoJek out, it will marginalise all other apps (including CDG app) to become the dominant app because it can bundle its ride hailing with food delivery and digibank and with SingTel's services. CDG Taxis dont even have a E-wallet and has nothing to bundle with. It has lost the most imppryant critical mass of taxi numbers and riders numbers. You will find its drivers queuing with the Silvercabs and Transcab despite having to pay higher rental and cry father cry mother
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justicebaogaliao Veteran	18-Dec-2020 19:01        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	also primary school mathematics 2 company with 2 license merge into 1, means 1 license is free to be issued to any tom, dick and harry who wants to join the party moreover, only the government can decide if the gate is closed or not, confirm is not decided by a conman Conman      ( Date: 18-Dec-2020 18:42) Posted: 3 full licence and 1 temporary licences have already been issued. The gate is already closed. No one else can come in disguessed as a technology company (like the 4 did) to do taxi business. Even if Grab doesnt buy GoJek out, it will marginalise all other apps (including CDG app) to become the dominant app because it can bundle its ride hailing with food delivery and digibank and with SingTel's services. CDG Taxis dont even have a E-wallet and has nothing to bundle with. It has lost the most imppryant critical mass of taxi numbers and riders numbers. You will find its drivers queuing with the Silvercabs and Transcab despite having to pay higher rental and cry father cry mother. seba240698      ( Date: 18-Dec-2020 15:36) Posted: So what after merging? There will still be Tom, Dick and Harry coming in. Ride hailing is a low entry barrier business.
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justicebaogaliao Veteran	18-Dec-2020 18:56        justicebaogaliao About Contact  Quote this Post!
x 0   x 0  Alert Admin	relax Conman, today is tgif and holiday season coming if u have shorted, good luck and hope u can sleep well at night - don' t dream of TRex biting off your pants Conman      ( Date: 18-Dec-2020 18:42) Posted: 3 full licence and 1 temporary licences have already been issued. The gate is already closed. No one else can come in disguessed as a technology company (like the 4 did) to do taxi business. Even if Grab doesnt buy GoJek out, it will marginalise all other apps (including CDG app) to become the dominant app because it can bundle its ride hailing with food delivery and digibank and with SingTel's services. CDG Taxis dont even have a E-wallet and has nothing to bundle with. It has lost the most imppryant critical mass of taxi numbers and riders numbers. You will find its drivers queuing with the Silvercabs and Transcab despite having to pay higher rental and cry father cry mother. seba240698      ( Date: 18-Dec-2020 15:36) Posted: So what after merging? There will still be Tom, Dick and Harry coming in. Ride hailing is a low entry barrier business.
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Conman Elite	18-Dec-2020 18:42        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	3 full licence and 1 temporary licences have already been issued. The gate is already closed. No one else can come in disguessed as a technology company (like the 4 did) to do taxi business. Even if Grab doesnt buy GoJek out, it will marginalise all other apps (including CDG app) to become the dominant app because it can bundle its ride hailing with food delivery and digibank and with SingTel's services. CDG Taxis dont even have a E-wallet and has nothing to bundle with. It has lost the most imppryant critical mass of taxi numbers and riders numbers. You will find its drivers queuing with the Silvercabs and Transcab despite having to pay higher rental and cry father cry mother. seba240698      ( Date: 18-Dec-2020 15:36) Posted: So what after merging? There will still be Tom, Dick and Harry coming in. Ride hailing is a low entry barrier business.
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Conman Elite	18-Dec-2020 18:30        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	Softbank is not a founder of Uber and Grab but a controlling shareholder. Maybe it chairs the Grab board (yet to check on this). Grab came into S.E.A. after Uber did. What happened next was decided by the board or directors of of both companies. Hence Uber is everywhere in the world except where Grab is, and except China who will never allow a US company to become in total control of its people's point to point commuting and collecting its people's data at the same time. seba240698      ( Date: 18-Dec-2020 15:38) Posted: If ride hailing is so lucrative and good as claimed by you, why doesn't Softbank do it in Japan, its own country?
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Conman Elite	18-Dec-2020 18:11        Conman About Contact  Quote this Post!
x 0   x 1  Alert Admin	You really think so? He will be a billionaire when Grab is listed. Travis Kalanick was fired by his own board of directors but he is now out of Uber and a multi-billionaire. seba240698      ( Date: 18-Dec-2020 15:31) Posted: Anthony is being screwed big time by his godfather Softbank. Conman      ( Date: 17-Dec-2020 12:24) Posted: So how? Grab's founder Antony Tan will pack up and run back to Malaysia? Softbank will eun back to Japan? CDG will become World's No1 Taxi Company again
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Starship Supreme	18-Dec-2020 17:44        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin
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seba240698 Senior	18-Dec-2020 15:38        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If ride hailing is so lucrative and good as claimed by you, why doesn't Softbank do it in Japan, its own country?
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seba240698 Senior	18-Dec-2020 15:36        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	So what after merging? There will still be Tom, Dick and Harry coming in. Ride hailing is a low entry barrier business.
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seba240698 Senior	18-Dec-2020 15:33        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Grab is leeching on Softbank and has no choice but to beg Go-jek, its sworn enemy, to merge.
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seba240698 Senior	18-Dec-2020 15:31        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anthony is being screwed big time by his godfather Softbank. Conman      ( Date: 17-Dec-2020 12:24) Posted: So how? Grab's founder Antony Tan will pack up and run back to Malaysia? Softbank will eun back to Japan? CDG will become World's No1 Taxi Company again? justicebaogaliao      ( Date: 17-Dec-2020 10:20) Posted: Firstly, the ' revenue' u mentioned certainly doesn' t come from its ride hailing business which is loss making in the first place Secondly, are u sure the other projects will be making good money for sure?? Many other banks will be issued digital banking license soon. Standard Chartered has already obtained one, and besides it already have a digital banking platform called MOX running in hongkong. Is Grab able to compete well without prior experience in this sector?
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seba240698 Senior	18-Dec-2020 15:29        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Testing seba240698      ( Date: 18-Dec-2020 15:08) Posted: Hi
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seba240698 Senior	18-Dec-2020 15:08        seba240698 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi
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Beatch Member	17-Dec-2020 19:58        Beatch About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hahahaha Starship      ( Date: 17-Dec-2020 19:54) Posted: justicebaogaliao      ( Date: 17-Dec-2020 19:34) Posted: the one doing short-term punt selling should be you bro and not me.. my advice to you is take care and don' t burn your last piece of underwear
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