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As China’s internet giants swoon, a trio of new contenders is booming | Business

Here's a quick recap of the significant developments that unfolded last week.

streetAsias premium subscription service Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. SUBSCRIBE NOW Singapore Reporter/s In Singapore, we are lookin...

The Straits Times Grabs record Spac deal could make CEO Anthony Tan a billionaire Grab co-founder and CEO Anthony Tan will hold 2.2 per cent of the company after the Spac deal.PHOTO: GRAB UpdatedApr 24, 2021, 5:00 am PublishedApr 24, 2021, 5:00 am SGT https://str.sg/JFxe They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimite...

Everything you need to know about the Grab IPO Everything you need to know about the Grab IPO Joshua Warner April 19, 2021 3:31 PM Grab is set to become the largest Southeast Asian company to go public in the US through the biggest-ever SPAC deal on record. We explain everything you need to know about Grab and its listing to ensure you’re ready to trade Grab ...

SINGAPORE (REUTERS) - Grab, South-east Asias biggest ride-hailing and food delivery firm, is going public in the United States via a merger with special-purpose acquisition company (Spac) Altimeter Growth Corp, securing a valuation of nearly US$39.6 billion (S$52.9 billion). The deal is set to be the worlds biggest ever by a blank-cheque company. Heres what you need to know about Grab: What is Grab? Founded in 2012, Grab is South-east Asias largest start-up and was valued at just over US$16 bi...

Grab, Southeast Asia's biggest ride-hailing and food delivery firm, is going public in the United States via a merger with special-purpose acquisition company Altimeter Growth Corp (AGC.O) securing a valuation of nearly $40 billion.

[April 13, 2021] Grab, the Leading Superapp for Deliveries, Mobility and Financial Services in Southeast Asia1, Plans to Go Public in Partnership with Altimeter Grab Holdings Inc. ("Grab"), Southeast Asias leading superapp 1, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: "AGC") in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. The combined company expects its securities will be traded on NASDAQ...

By Reuters Staff 4 Min Read SINGAPORE (Reuters) - Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, is going public in the United States via a merger with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion. FILE PHOTO: 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 The deal is set to be the world’s biggest ever by...

According to Grab, this is expected to be the largest-ever US equity offering by a Southeast Asian company. The company was founded in 2012.