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Heavyweight stocks disrupted by new technologies, shifting consumer behaviour

In print this week

Heavyweight stocks disrupted by new technologies, shifting consumer behaviour

Michelle Teo Published on Sat, Jun 17, 2017 / 9:22 AM GMT+8

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SINGAPORE (June 17): New technologies and shifting consumer behaviour are destroying the reliable returns once offered by some widely owned heavyweight stocks.

For example, ComfortDelGro for years generated steadily growing revenue by renting out their sea of blue Comfort taxis to drivers for about $100 a day. In April 2016, its fleet of Comfort taxis hit a peak of 12,800, up from some 10,000 back in 2005.

But things have been going downhill since then.

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Heavyweight stocks disrupted by new technologies, shifting consumer behaviour

In print this week

Heavyweight stocks disrupted by new technologies, shifting consumer behaviour

Primary tabs

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Heavyweight stocks disrupted by new technologies, shifting consumer behaviour

In print this week

Heavyweight stocks disrupted by new technologies, shifting consumer behaviour

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