The Foodpanda deal rejection was only ever a bonus in his Grab thesis, so it doesn't shake his view and he won't sell; the saved $600 million could even bolster its Southeast Asia dominance.

Grab Holdings is not performing as well as Shopee (Sea's e-commerce arm), though it is competing in similar areas and building a financing arm. The host makes no directional call, just a relative fundamental observation.

GRAB's CEO made a large insider purchase, signaling confidence. Although the host, as an investor, notes downside risks such as acquisition integration and physical store revenue, he remains overall bullish on the company at its ~$3 share price.

The host is a shareholder of Grab (GRAB), but admits Grab's business model is inherently inferior to Mastercard's, with lower barriers to entry and a tougher business. No price direction is given.