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Dozens of Grab employees, as well as merchant partners across 40 locations, will be affected.

Singapore News - Both Grab and Gojek on Monday (July 25) confirmed they will extend their fare hikes until Dec 31, taking their cue from other taxi companies which announced similar moves last week. In separate replies to The Straits Times on Monday, the two transport operators said... Read more at www.tnp.sg

Grab and Gojek said the price of fuel remains unstable, and that the fee is necessary to provide stability to drivers’ earnings. Read more at straitstimes.com.

BusinessGrab to unveil world’s biggest SPAC merger, valued at nearly $40 bln - sources Anshuman DagaAradhana Aravindan 1/3 A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. Picture taken March 21, 2019. REUTERS/Anshuman Daga/File Photo Read More Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp (AGC.O) securing a valuation...

Read more about Grab to unveil worlds biggest SPAC merger, valued at nearly $40 bn: report on Business Standard. The deal for Grab, which was valued at just over $16 billion last year, will be a big win for its early backers such as SoftBank Group Corp and Chinas Didi Chuxing.

The merger will make it the biggest blank-cheque company deal ever and lead to a US listing.. Read more at straitstimes.com.

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/singapores-grab-to-go/"></div>By Anshuman Daga and Aradhana Aravindan SINGAPORE (Reuters) -Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion and paving the way for a coveted U.S. listing. The merger, the biggest blank-check compan...

4 Min Read SINGAPORE (Reuters) -Southeast Asia’s biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with U.S.-based Altimeter Growth Corp in a deal that gives Grab an initial proforma equity value of about $39.6 billion and will lead to a public listing The merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the United States so far this year after a record $83 billion in 2020. S...

SINGAPORE - South-east Asia’s largest ride-hailing and food delivery firm Grab Holdings is set to announce later on Tuesday (April 13) a merger with US-based Altimeter that is set to value Grab at nearly US$40 billion (S$53.6 billion) and lead to a US public listing, three people told Reuters. The merger will make it the biggest blank-cheque company deal ever....

Biggest blank-cheque company deal ever paves the way for Grab Holdings to secure a coveted US listing.