Grab & Go-Jek driver lip lai - Part 10

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Konnichiwa

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many people might not believe.

but yes, they are not making monies.

Running cost is too high...
The fare they give to passengers.... during normal rate barely can make money...drive till sweat...
 

georgemcics

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round 1 funding. Investor pump in money

Use money to build up market share. Make everything zai zai.

Round 2 funding. More investor pump in money

Use money to build up market share. Make everything zai zai.

Round 3 funding. More investor pump in money

Use money to build up market share. Make everything zai zai

Rinse and repeat

As long Grab continue to stay dominant of the market share and also touch almost every sai with their grabpay

if they low on money they just open up funding raising and there will be investor invest one...

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rljk21

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They earn from anal-yzing driver behaviours especially during change of benefits...
 

georgemcics

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NgBvL2G.jpg


Just 2 month ago



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Konnichiwa

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Fare
1. Car rental... take a bit
2. Petrol company ... take a bit
3. Parking fees ... take a bit
... left a bit for Drivers...
 

georgemcics

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So why they still take commission since they so huat liao from investor

When i tell this to one of my friend. He shoot me back.

Knn no take commission. How to answer to investor.

Hey invest in my company and dont earn anything!!!!!

Of course must gek gek "earn" back something ma... If not how to answer to investor..

Do charity meh

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d3n

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Anyway the small amount they made each trip multiply by total number of rides per day can be quite huge.

Plus the rollout of grabpay into other areas... those comm they made from merchants also earning $$$ (like how visa/mastercard + banks charges merchant at 2-3% per transaction...)

And grab now basically dominates the whole SEA... so every multiplies up is quite substantial.

If money not enough then like george says... look for more fundings...

 

jimmylimts

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haha my car cheap , 63k , 7 years loan. i down more than 10 percent

Aiyo, then keep saying own car only $30 per day. Then people down 63k, can say car is free one?
The downpayment, u lost interest over 10 years and also cannot get back 100% when scrap leh.:)
 

georgemcics

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qDLpVzg.jpg



The name i like

KILAT

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d3n

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Aiyah in theory is free lah cos time trade to earn it.

Different from people buying car for own use (this one is pay and pay no returns) vs people buying car to drive phv to recover back cost (this one still got chance to pay for car without out of pocket)

Aiyo, then keep saying own car only $30 per day. Then people down 63k, can say car is free one?
The downpayment, u lost interest over 10 years and also cannot get back 100% when scrap leh.:)

 
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d3n

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kazuki666

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Both STA and Grab no reply me about my medical report. How sia tomorrow...

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