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GARAGE

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

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Claudia Chong
Sharanya Pillai

Claudia Chong &

Sharanya Pillai

Published Mon, Apr 12, 2021 · 09:50 PM

    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.

    GrabIPORide-hailing

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