That’s just not really true, Grab still dominates most of SEA. It has around 80–90%+ share in places like Malaysia, Thailand, and the Philippines, and remains #1 in Singapore and Indonesia. Only Vietnam’s Xanh SM has made a dent. And that’s only talking about rideshare and not any of their other products. Grab is still a dominant company that is unique from other services. Subsidies aren’t rising either — they’ve fallen to ~10% of GMV, and the CEO’s focused on cutting costs, not throwing money around atp. Grab’s still the region’s top super-app by far, with multiple times the volume of any rivals. Margins are going to rise and the business will gain operational efficiency as time goes on. Also, there’s still a vast untapped market for GRAB and similar companies. Present market share is not the primary expectation of what will be driving growth, its future spending of consumers who aren’t spending now. I believed grab is equipped to grow from its current valuation even if it loses a bit of market share in one of its services. If your slice is smaller but the pie triples, you’ve still gained value.

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I sold a put on BMNR today at a 50 strike. Should I buy it to close tmrw? I might be fucked. Thought 50 was a solid entry but I didn't expect btc to selloff sm today.

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Why did sm of yall buy gold at ATH like a dump was coming sooner or later, it's a fuckin metal on the periodic table

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