Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for IPOs, three sources familiar with the matter told Reuters.
The IPO could raise at least US$2 billion ($2.66 billion), one of the sources said, which would likely make it the largest overseas share offering by a Southeast Asian company.
“The market is good and the business is doing better than before. This should work well for public markets,” he said.
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