Dear all reader, investor and trader alike.
Today I want to introduce you a very high
potential stock that is dealing with today technology, and also a part
of the making of a super apps for human everyday life.
Last time got competition between Grab
and Uber, now only left with Grab in the SouthEast Asia region. Grab is
nonetheless known to all from young and old, and became a household name
in a very short while in fact.
Grab started out in Malaysia, but got
it's major funding in Singapore, and now is dubbed as the Unicorn start
up in South East Asia that had a closed end market capitalization of USD
10 billion after their last successful fund raising from Softbank which
includes investor such as Toyota, Hyundai, Yamaha, Microsoft, Bookings
Holdings Oppenheimer fund and Ping An Capital.
Singapore’s Grab Get New Funding From Softbank $1.46B
Grab is now aggressively developing,
upgrading and expanding it's services in South East Asian region. The
ride sharing platform is now not only only ride sharing, but also
e-Wallet and Food Delivery now.
With such great expansion with big
capital pouring in to development the new eco-system of the future, this
small little company in dealing in software development in Malaysia
might be the closest proxy you can get your hands along now towards the
growing development of Grab, and this company is Cuscapi.
Why is it Cuscapi ?
You might be wondering why it is a company such as Cuscapi can be linked with a rising Unicorn like Grab Holdings.
Summarizing it, Cuscapi had more than 40
years of experiences in F&B Point of Sales (POS) system. If you had
ordered food before at KFC, Pizza Hut or Texas Chicken, that is the
store front system that capture your order, send your order to the
kitchen, do cash registering process and also put a queue number. Of
course the system is also capable of a lot of others thing like
inventory management which is not visible to customer.
Cuscapi had been expanding their
footprint at South East Asia region, namely Malaysia, Phillipines,
Indonesia, Singapore, Thailand as well as China.
So how is Cuscapi linked to Grab Food
in South East Asia region?
The battle of Go-Jek vs Grab
Here is what we can know about Go-Jek vs Grab from Jakarta Post
Full article https://www.thejakartapost.com/news/2019/03/07/food-versus-fintech-go-jek-grab-in-race-to-be-super-app.html
Go-Jek and Grab
started their businesses by offering ride-hailing services in their
respective home countries, taking different steps to attract consumers.
Later, they expanded their services and became a duopoly in Southeast
Asia.
In
their race against each other to become the first "super app" in
Indonesia, Go-Jek and Grab are increasingly similar in terms of their
features but still noticeably different in their approach to the
super-app status.
Go-Jek focuses
on pushing financial technology (fintech) with its Go-Pay e-wallet,
while Grab concentrates on its GrabFood delivery service.
Go-Jek’s emphasis
on fintech first became apparent when founder Nadiem Makarim confirmed
in late 2017 that Go-Pay would become a spin-off the following year.“The
plan is very clear. Go-Pay has an e-money license [from Bank
Indonesia]. So our plan is to bring Go-Pay outside of the Go-Jek app,”
he said.
On Summary - Go Jek focus on Go-Pay, Grab will focus on GrabFood delivery service.
In order for Grab to become the super-app
that focuses on Food delivery services, it is undeniable that Grab will
need to pour in more development fund into developing a app that
encompassed the whole eco-system of F&B into the system. This is
where Cuscapi can come into picture to help GrabFood to achieve this
milestone.
What has the latest fund raised had to do with Cuscapi?
According to an exclusive interview with
GrabFood regional head - Tomaso Rodriguez, the bulk of the fund raise in
the in the latest series will be channel to GrabFood for expansion, and
to make it GrabFood a super app
In order to become a super app, the app
will be more insightful and can provide best selling product, pricing
strategy and promotion. It will be integrated into the Grabfood app in
the future. Since Grabfood do not have vast experience in the F&B
eco system and POS system, it can leverage best with Cuscapi expertise
in this area
The Cuscapi C360 Engage is a complete eco-system for the F&B business of the future
It is a comprehensive system that can
link inventory, waiter app, back end, diner app, e-menu and kiosk, POS
system, number queue, boss app as well as DELIVERY.
I believe this is what GrabFood is
looking for in order to integrate into GrabFood app to become a
super-app, the complete eco-system for the F&B business of the
future, everything in an app.
Is there any potential evidence of testing?
Currently, the F&B business in Malaysia that is using C360 Engage system which also in GrabFood are as follow
And Singapore as follow
As you can see until now, there are a lot
of solid link between the success of Grabfood to be linked with Cuscapi
C360 Engage that is developed by the software team.
Will it come a day that Cuscapi system
will be bought over by Grab Holdings from their huge chunk of USD 1.5
billion fund raise (equivalent to RM 6 billion) ? Give a 10% will be RM
600 million that can readily lift Cuscapi to 60 cents.
Or will Cuscapi form a strategic JV with
Grabfood, and all participating F&B outlet in South East Asia will
require to use this system? Do remember, Grab is focusing in South East
Asia, and Cuscapi footprint is also South East Asia, meaning both are
having the same growth path.
In the next few post, I want to share you why I feel Cuscapi is again heavily linked to the growth of Grab.
I have to tell you that I am invested in
Cuscapi, at the current price, there is nothing much to lose as the new
shareholder had pumped in more than RM 50 million in order to bring the
company to life. However, this is not an article for you to do your
buy,sell decision. Please consult your own professional adviser.
https://klse.i3investor.com/blogs/targetinvest/198488.jsp
