THE ASIAN REPORTER July 3, 2023 C O M M U N I T Y n Page 19 C L A S S I F I E D S THE ASIAN REPORTER CAN BE PICKED UP ON THE FIRST MONDAY EACH MONTH AT MANY LOCATIONS, INCLUDING: Uwajimaya 10500 SW Beaverton-Hillsdale Hwy., Beaverton BUSINESS OPPORTUNITIES RESTAURANT FOR SALE Great location. 3,520 s.f. Large parking lot. 150 seats. Part of 82nd Ave. culture for 24 years. Please call: (503) 863-6579 Tin Seng Trading H Mart Lily Market Lao Vieng Market 8350 SE Division St. Portland 13600 SW Pacific Hwy., Tigard 11001 NE Halsey St. Portland 1032 N Killingsworth St., Portland FOR SALE FREE REAL ESTATE Grass-Fed Beef Used newspapers For Rent/Sale/Lease GRASS-FED BEEF FOR SALE Cattle raised in Newberg, Oregon. Beef available in ¼, ½ or whole cow & processed by a butcher in Portland. For pricing & details, please call (503) 980-5900. FREE NEWSPAPERS! Does your garden or yard need weed protection? Are you an art teacher who has upcoming papier-mâché projects? 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Singapore ride-hail- ing firm Grab Holdings said it is cutting more than 1,000 jobs or 11% of its workforce to cut costs and keep the company competitive, in its big- gest round of job cuts since the pandemic. (AP Photo/Vincent Thian, File) Ride-hailing firm Grab slashes 1,000 jobs in biggest layoff since pandemic Continued from page 5 2023 ADVERTISING RATES & ORDER FORM: Phone: (503) 283-4440 * Fax: (503) 283-4445 * E-mail: ads@asianreporter.com n n n n n n n n n q Display Space (Asia, Opinion, Community, A.C.E. sections) $24.00 per column inch; Reservation deadline: Wednesday prior to the next issue by 1:00pm q Special “Business Card” Display Ad: o $70 per issue (1 month) o $190 for 3 consecutive issues (3 months) o $330 for 6 consecutive issues (6 months) n n n n n n n n n q Northwest Job Market/Bids & Public Notices section $24.00 per column inch; Text/Fax deadline: Friday prior to the next issue by 2:00pm n n n n n n n n n q Community Classified Page q Boxed Ad q $24.00 per column inch; Text/Fax deadline: Friday prior to the next issue by 2:00pm q Line Ad (up to 35 words): o $24 per issue o $51 for 3 consecutive issues o $90 for 6 consecutive issues q Name Listing (4 lines maximum ~ about 10 words): o $14 per issue o $30 for 3 consecutive issues o $51 for 6 consecutive issues q Prepayment required with Line Ad, Name Listing & Business Card. q Add $1.00 per issue per line for bold headings (Line Ad & Name Listing). q Add 25¢ per word per issue after 35 words (Line Ad). q All advertisements must be submitted in writing; no phone ads accepted. Main classification: Run date(s): Ad type (circle one): Display ad Business Card Total ad cost: Box ad Line ad Name listing ad Iconic HK dragon boat races are back in full force with thousands of spectators Name: Address: City/State/ZIP: Phone: Fax: Continued from page 5 E-mail: Ad copy (attach a separate sheet if necessary): Mail, Fax, or Deliver with payment to: Asian Reporter Classifieds, 922 N Killingsworth Street, Suite 2D, Portland, OR 97217-2220 Fax: (503) 283-4445 * E-mail: For Visa or Mastercard payment only: Name (as it appears on the card): Type of card (circle): VISA Mastercard Exp. Date: Zip Code & Address of Cardholder: Card Number: step” for the longer term. Grab’s shares on NASDAQ were up more than 5% in premarket trading, but declined nearly 1.5% midday. The Singapore-based company started out as a taxi-hailing service in Malaysia in 2012, before later expanding to ride-hailing, food delivery, and financial services across eight countries in Southeast Asia, including Indonesia, Malaysia, and the Philippines. In 2018, it acquired rival Uber’s Southeast Asian operations after years of price wars to carve out market share. Grab has been slower than other technology firms in the region in slashing jobs. The company initially said last September that it had no plans for massive job cuts. Last year, Singapore-based gaming and online retail firm Sea Ltd. axed 7,000 jobs or about 10% of its workforce. Grab’s rival, Indonesian ride-hailing firm GoTo, had cut 12% of its workforce last year and cut another 600 jobs in March. Although Grab reported a 130% rise in revenue to $525 million for its quarter ended March, it also clocked a loss of $250 million from the same time last year. Grab is potentially grappling with slowing growth amid higher inflation rates and costs of living, as well as stiff competition from rivals such as GoTo. Its gross merchandise value — which calculates the total dollar value of transactions by Grab users — rose just 3% for the quarter. Spending per user was down 4% compared to the same time last year. In February, Grab brought forward its profitability goal, expecting to break even in the final quarter of 2023. It previously expected to turn profitable in the second half of 2024. Security Code: “Wherever there’s fishermen, there’s dragon boats,” said Cheng Man-Tat, a second-generation fisherman from a local fishing family. “There have been dragon boat competitions in every fishing port during the Tuen Ng Festival every year.” Some 45 teams — made up of fishermen, secondary school students, mixed-gender, and all-men and all-women teams — joined 28 races this year at Aberdeen. Participants compete in either traditional wooden boats or standard glass-fiber dragon boats. Shelly Chan, a paddler who joined the race for the 10th year, said the hardest part of the races is how tiring it gets. Races often last two to three minutes, but can go to 10 minutes or longer depending on the course. “You can’t stop, once the competition starts, you will need to keep it going,” she said. “If it’s a long-distance race, it relies on your stamina.” Races were also held at five other areas across Hong Kong’s shores. AP writer Zen Soo contributed to this report.