[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Mike [@MikeLongTerm](/creator/twitter/MikeLongTerm) on x 8613 followers Created: 2025-07-17 13:26:33 UTC $GRAB & 30%-40% revenue growth Path🧵 Fun fact: $GRAB Grocery, or GrabMart alone with just current 700m people TAM, excluded incoming regional expansion will accelerate $GRAB growth to XX% or higher. Most analysts and investors misunderstood this, hence there is a massive upside for incoming quarters. And you know i'm very conservative when it comes to projection. Most of my high quality businesses I invest in outperformed my projection. It was a mistake not to start Grocery with RideShare/Food delivery earlier. This segment is 20x-30x bigger than food delivery and even rideshare combined. Current top sources suggest $28-$30B TAM for online grocery delivery. Most people in current 700m people in SEA XX% of the time choose to cook at home. Grocery TAM in SEA is expected to grow into $50-$70B by 2029. You may be more familiar to @Instacart, $uber grocery delivery. So basically, they charge 10-12% more on ea items(higher price than in-store), and charge a service fee, delivery fee and some other fees). $GRAB is doing exactly this, and just started this recently, and is now the leader in SEA. The major differences: X. GRAB "focuses" on becoming the economic alliance to grow users, they don't do that 10-12% higher price per item nonsense. The goal is user growth now, money will come later X. The most likely strategy is to have low fee to get more people to use the SuperApp more. If you have GrabUnlimited, you will get grocery at discount cheaper than at the stores and lower delivery fee. If you think $GRAB is as greedy as $UBER or $CART, you will be wrong. $GRAB will pass back most of the discount and benefit to get people to buy GrabUnlimited($4.99 a month). The management understood, the long-term winning strategy to service 2-3 billion people is to get 30-50% of this TAM into its GrabUnlimited. It may not be $XXXX a month XX years from now(due to inflation), it could be $7-$10 or $7B-$10B a month pure profit to bottom line from subscription. $GRAB will make small $ on ea service perform on its SuperApp. Think of this like @netflix on steroid, where atm Netflix only made money off subscription. Something to add, SEA market is extremely price sensitive, the $UBER $CART greedy business model wouldnt work here. And $GRAB made it clear from its early day or until today and in the long-term that is not what they would do. $GRAB wants to be the economic alliance for the people, and the charge $XXXX a month, which is around 1-2% of income(Single household) for these X countries or less than XXX% income(4-5 people household). It is very common to have multi-generations live under the same roof in SEA. So what is the strategy for $GRAB to have the most market share? X. With $8.7B in Cash, and most likely rising to $10B by next year if they roll into short-term @USTreasury Bill. Which will allow $GRAB to acquire small retailers network to offer the best affordable price for its subscriber. For now, they are partnering first. X. Logistics Network: Leveraging #AI and its existing delivery/Food network to give drivers more income, give merchants/business more revenue and ultimately give users the highest discount. X. Drone expansion is inevitable in this space, will most likely do 5lb or under grocery at first, then grow it to 10-15 lb. Drone manufacture still has much more R&D and engineer to do at scale. This will get $grab margin to 50-60% software like margin. But would require million of units in XXX cities or more to work. Conclusion or TLDR: Grab grocery delivery TAM is massive. TAM is expanding fast, and $GRAB is taking the lead. Current TAM is $28-$30B and projected to be $50-$70B by 2029 from many researches. $GRAB is well-positioned to capture most market share through partnerships, in-house retails, logstical advantages, and Drone expansion. $GRAB is likely to have massive user growth off this segment. Selling GrabUnlimited will be much easier with GrabMart. Alright, that is it. Not Financial Advice  XXXXXX engagements  **Related Topics** [quarterly earnings](/topic/quarterly-earnings) [$grab](/topic/$grab) [Post Link](https://x.com/MikeLongTerm/status/1945837529728500189)
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Mike @MikeLongTerm on x 8613 followers
Created: 2025-07-17 13:26:33 UTC
$GRAB & 30%-40% revenue growth Path🧵
Fun fact: $GRAB Grocery, or GrabMart alone with just current 700m people TAM, excluded incoming regional expansion will accelerate $GRAB growth to XX% or higher. Most analysts and investors misunderstood this, hence there is a massive upside for incoming quarters. And you know i'm very conservative when it comes to projection. Most of my high quality businesses I invest in outperformed my projection.
It was a mistake not to start Grocery with RideShare/Food delivery earlier. This segment is 20x-30x bigger than food delivery and even rideshare combined. Current top sources suggest $28-$30B TAM for online grocery delivery. Most people in current 700m people in SEA XX% of the time choose to cook at home. Grocery TAM in SEA is expected to grow into $50-$70B by 2029.
You may be more familiar to @Instacart, $uber grocery delivery. So basically, they charge 10-12% more on ea items(higher price than in-store), and charge a service fee, delivery fee and some other fees).
$GRAB is doing exactly this, and just started this recently, and is now the leader in SEA. The major differences:
X. GRAB "focuses" on becoming the economic alliance to grow users, they don't do that 10-12% higher price per item nonsense. The goal is user growth now, money will come later
X. The most likely strategy is to have low fee to get more people to use the SuperApp more. If you have GrabUnlimited, you will get grocery at discount cheaper than at the stores and lower delivery fee.
If you think $GRAB is as greedy as $UBER or $CART, you will be wrong. $GRAB will pass back most of the discount and benefit to get people to buy GrabUnlimited($4.99 a month). The management understood, the long-term winning strategy to service 2-3 billion people is to get 30-50% of this TAM into its GrabUnlimited. It may not be $XXXX a month XX years from now(due to inflation), it could be $7-$10 or $7B-$10B a month pure profit to bottom line from subscription. $GRAB will make small $ on ea service perform on its SuperApp. Think of this like @netflix on steroid, where atm Netflix only made money off subscription.
Something to add, SEA market is extremely price sensitive, the $UBER $CART greedy business model wouldnt work here. And $GRAB made it clear from its early day or until today and in the long-term that is not what they would do. $GRAB wants to be the economic alliance for the people, and the charge $XXXX a month, which is around 1-2% of income(Single household) for these X countries or less than XXX% income(4-5 people household). It is very common to have multi-generations live under the same roof in SEA.
So what is the strategy for $GRAB to have the most market share?
X. With $8.7B in Cash, and most likely rising to $10B by next year if they roll into short-term @USTreasury Bill. Which will allow $GRAB to acquire small retailers network to offer the best affordable price for its subscriber. For now, they are partnering first.
X. Logistics Network: Leveraging #AI and its existing delivery/Food network to give drivers more income, give merchants/business more revenue and ultimately give users the highest discount.
X. Drone expansion is inevitable in this space, will most likely do 5lb or under grocery at first, then grow it to 10-15 lb. Drone manufacture still has much more R&D and engineer to do at scale. This will get $grab margin to 50-60% software like margin. But would require million of units in XXX cities or more to work.
Conclusion or TLDR: Grab grocery delivery TAM is massive. TAM is expanding fast, and $GRAB is taking the lead. Current TAM is $28-$30B and projected to be $50-$70B by 2029 from many researches. $GRAB is well-positioned to capture most market share through partnerships, in-house retails, logstical advantages, and Drone expansion. $GRAB is likely to have massive user growth off this segment. Selling GrabUnlimited will be much easier with GrabMart.
Alright, that is it. Not Financial Advice
XXXXXX engagements
Related Topics quarterly earnings $grab