Grab Holdings Inc

Tech

Grab's ride-hailing service disrupted across Southeast Asia

Grab Holdings Inc.’s ride-hailing service was having technical difficulties in markets including Singapore today.
How much is Grab worth as a listed SPAC? - THE EDGE SINGAPORE

Tech

How much is Grab worth as a listed SPAC?

Analyst Bulk forecasts Grab’s gross merchandise value or GMV to grow 47% next year from 24% growth this year.

New appointments

Grab hires former SATS CEO Alex Hungate as COO

Hungate will replace Tan Hooi Ling, who will continue to oversee key pillars of the company’s business.
CGS-CIMB keeps 'overweight' on IT Services sector on Grab potential - THE EDGE SINGAPORE

Tech

CGS-CIMB keeps 'overweight' on IT Services sector on Grab potential

Currently, the IT Services sector comprises NYSE-listed Sea Limited, which CGS-CIMB have given a target price of US$345.

Company in the news

Grab lowers estimates for full-year adjusted net sales and GMV due to continuing spread of Covid-19

Grab says it expects full-year adjusted net sales of US$2.1 billion to US$2.2 billion from US$2.3 billion previously.

Disruption and Digitalisation

Why Grab will win the Battle for Asean

Grab aspires to be the Asean super app. It dominates ride-hailing, digital payments and food delivery in Asean.

IPO

Grab considering secondary Singapore listing after US SPAC merger: sources

It wasn't clear how much Grab might aim to raise in any secondary listing, sources said.
Grab CEO Anthony Tan to have 60.4% voting power following merger - THE EDGE SINGAPORE

IPO

Grab CEO Anthony Tan to have 60.4% voting power following merger

The stake is revealed as Tan holds some 122.9 million Class B ordinary shares, representing a 2.2% stake in the company.
Grab to list on NASDAQ with Altimeter Growth Corp, to receive US$4.5 bil in cash proceeds - THE EDGE SINGAPORE

IPO

Grab to list on NASDAQ with Altimeter Growth Corp, to receive US$4.5 bil in cash proceeds

The combined company will be traded on NASDAQ under the symbol GRAB.
Grab to list in New York in largest SPAC merger; listing to value Grab at US$35 bil - THE EDGE SINGAPORE

IPO

Grab to list in New York in largest SPAC merger; listing to value Grab at US$35 bil

Grab founder Anthony Tan will own about 2% of the listed entity.
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