WebDec 2, 2024 · Hello reader, December 2nd: Grab’s IPO is today! Here are 10 articles to understand the Southeast Asian giant as it rings the bell. 1️⃣ Visual: Tracking Grab’s journey to a $40 billion... WebDec 3, 2024 · Shares in Grab, Southeast Asia’s biggest ride-hailing and delivery firm, slid more than 20% in their Nasdaq debut on Thursday following the company’s record $40 billion merger with a blank-cheque company. The stock rose as much as 21% minutes after listing before retreating to trade 23% lower at $8.51 by 1834 GMT.
Grab’s $34 Billion SPAC Deal Puts Southeast Asia Tech on the Map
WebMar 10, 2024 · Grab Holdings Inc. is exploring going public in the U.S. through a merger with a blank-check company as the Southeast Asian ride-hailing and delivery giant … WebJun 10, 2024 · The merger would value Grab at US$39.6 billion, making it the biggest-ever listing by a Southeast Asian technology company. It is the second-largest deal involving a SPAC after hedge-fund manager ... ray of the tropics
Commentary: Are stars aligning for Grab’s listing? What will …
WebApr 14, 2024 · Grab CEO takes 60% of voting rights: 5 take-aways from IPO plan. Accumulated losses reach $10bn; Singapore company raises Myanmar risk. Grab's delivery to be the biggest segment over next 3 … WebNov 30, 2024 · Grab is now a proud, highly valued public company. At the current trading price of AGC at about US$13, Grab’s estimated market cap would be around US$50 billion (based on the filing to the SEC ... WebDec 2, 2024 · The company’s shares initially opened at $13.06 on Thursday — a 19% increase from Wednesday — but things quickly went south. The deal came along with a $4.5 billion fundraising for Grab, but... rayofwater pcr