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Latest Articles in Grab

Southeast Asia's Grab In Talks For U.S. Listing Via $40 Billion SPAC Deal

SPACs, exchange-listed shell companies that raise money through IPOS and merge with firms by enticing them with shorter listing timelines, have been the darlings of Wall Street since last year.

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Southeast Asia's Grab Considering U.S. IPO This Year

Gojek and Indonesian e-commerce leader Tokopedia are in advanced talks for a $18 billion merger ahead of a potential dual listing in Jakarta and the United States

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Grab Raises $300 Million For Fintech Arm's Ambitious Expansion

Grab competes with the likes of Indonesia's Gojek and many local start-ups that are attracting millions of customers as they look to disrupt established financial services companies in a region home to some 650 million people.

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Grab Tells Staff It's 'In A Position To Acquire' After Gojek Merger Report

Sources familiar with the matter have previously told Reuters that over the last few years, large investors of the two companies have backed a merger of both loss-making firms.

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Singapore's Grab Puts Partnership With Troubled Wirecard On Hold

The Monetary Authority of Singapore said on Tuesday that it had asked Wirecard to ensure that it keeps customer funds from its local activities in the country's banks.

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Grab, Razer, Airasia Exploring Bids For Malaysia Digital Bank Licence

Razer Fintech's CEO Lee Li Meng told Reuters the company had extensive operations in Malaysia in the digital payments space and would evaluate the digital banking opportunity.

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Singapore Digital Bank Race Heats Up With 21 Licence Bidders

Among firms that have publicly said they are bidding are Alibaba Group affiliate Ant Financial, Southeast Asian ride-hailer Grab, and a consortium led by gaming firm Razer.

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Uber Sells Southeast Asia Business To Grab After Costly Battle

"It was really a very independent decision by both companies," Grab President Ming Maa told Reuters, adding that SoftBank CEO Masayoshi Son was "highly supportive"

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