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Why It Matters
Financial Times : GoTo and Grab face pressure to offer drivers better deals; GoTo's share price has fallen 90% from its 2022 peak, while Grab's has fallen 50% in the past year — Asia's market leaders Grab and GoTo face squeezed margins over push to offer better deal to workers
Provenance
Discovered via TechMeme and published by techmeme.com.
Original description
Financial Times : GoTo and Grab face pressure to offer drivers better deals; GoTo's share price has fallen 90% from its 2022 peak, while Grab's has fallen 50% in the past year — Asia's market leaders Grab and GoTo face squeezed margins over push to offer better deal to workers
Discovered via TechMeme
Headline clustering and publisher rollups from Techmeme.
Publisher: techmeme.com
ID: https://www.techmeme.com/261007/p6#a261007p6 · Indexed about 1 hour ago