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$GRAB This is a VERY big update in regards to Grab’s potential acquisition of GoTo. The contex...
288 days agoamitamitisinvesting
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Grab ($GRAB) is positioned for potential market share dominance in Indonesia due to a corruption scandal involving its competitor, GoTo ($GOTO). This could lead to Grab acquiring GoTo at a significantly reduced price or GoTo's eventual shutdown, leaving Grab with nearly 100% market share. The author has been aggressively buying Grab shares in the $5.25-$5.50 range this week, anticipating it as a long-term compounder ahead of earnings next week.

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breaking down tech, business, & stocks $PLTR