All eyes on Grab's financials ahead of US$34b SPAC deal
Industry observers wait with bated breath for information on the unit economics of Grab's core ride-hailing and food-delivery businesses
Add BT as a preferred source
Singapore
THE market is abuzz as Grab is expected to unveil a US$34 billion SPAC (special-purpose acquisition company) merger this week, paving the way for a public listing.
The move will also finally reveal the exact financial health of the company, which could set the tone for other South-east Asian tech listings.
TRENDING NOW
Xi Jinping has just rewritten the rules of US-China rivalry
High Court raps UOB over inconsistent legal positions on late mortgage payment charges
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
China’s Huawei reveals chip design breakthrough amid US sanctions
