Question

grab taxi company finance and data with 500 words

Answer 1

Grab taxi located in Singapore as location based company working on smartphone based applications and subsequently competes with likes of Uber and Olacabs. Moreover it offers digital streaming services and food delivery just like Ubers business model.

It has 60% market share with 28% stake occupied by Uber. The net revenues as on 2018 basis stands at 1. 8billion dollars approximately with average daily rides at 5.5-6million. Average gross revenue per ride comes to 3 dollars as on 2019 basis with valuation at 10billion dollars.

If it crosses 2billion dollar revenues it stands to be valued at 10x times at around 16billion dollar notional value.

However, company continues to make losses and indukges in high volume high discount business.

However company lacks leadership talent and is more indulged into micromanagement and excessive toxic work culture.

Key recommendations ​​​​

Any successful business is run by teamwork as corporate management is like playing football where all players cojointly strive forward for common goal.

Starting with HR which forms crux of employment and widening and talent acquisition, employee engagement, talent spotting, reserving and growing talent, promoting talent, corporate governance, ethical management and industrial labor relations has the potential to build strongest base for organisations.

Financial team comprises of risk management and investment banking, accounting, payments, and legal and audit requirements.

Marketing teams handle sales, marketing, public relations, digital marketing, analytics, strategy development.

Operations team make up for supply chain management, logistics, purchase, procurement, maintenance, supervision and engineering.

IT forms technical and analytical support and cyber security rusk support.

Thus we see all teams are intee related and it is cross functionality that drives success. Eliminate any one function and whole organisation gets paralysed. If HR doesn't work the administration collapses. If Finance doesn't work out no marketing expenditure can be taken ahead. If Operations doesnt work there is no production nor sales.
If IT doesnt work there is no marketing and no payment mechanism.

Hence all functions are extremely important and independent. However in overall opinion Hr forms the base because HR function recruits people who are biggest stakeholders and any degradation or malfunctioning in HR can destabilise any organisation.