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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

Claudia ChongSharanya Pillai
Published Tue, Apr 13, 2021 · 05:50 AM

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.

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