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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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?