- ComfortDelGro's share price has underperformed (-3% year-to-date) on the back of slower-than-expected earnings trajectory after post-COVID reopening. Judging by ComfortDelGro’s recent 1Q23 results, we think the worst may be over and core EBIT has likely bottomed despite near-term cost challenges.
- - Read this at SGinvestors.io -
New platform fee for app bookings starting 1 Jul
- On 19 Jun, ComfortDelGro (SGX:C52) said it will be imposing a platform fee of S$0.70 per trip for rides booked via its CDG Zig app starting 1 Jul 2023. This new fee will also apply to limousine transfers made through its app, but not for rides booked via phone calls or text messages, or for street hails.
- - Read this at SGinvestors.io -
Further monetisation of CDG Zig app
- Read more at SGinvestors.io.
