(Bloomberg) -- Grab Holdings Ltd.’s shares slid 5% after the ride-hailing leader forecast 2024 revenue below analysts’ estimates, suggesting a deeper-than-anticipated slowdown in its core online business.Most Read from BloombergNvidia Set for Biggest Gain in Nine Months as AI Drives SalesBiden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Open, CloseYour 401(k) Will Be Gone Within a DecadeShe Was Set to Break Goldman’s Glass Ceiling.
(Bloomberg) -- Southeast Asia’s biggest ride-hailing companies, Grab Holdings Ltd. and GoTo Group, have restarted talks for a merger, a potential blockbuster combination aimed at staunching years of losses at both companies resulting from tough competition between the two.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaBiden’s Attempt to Address Memory Issue Backfires With New GaffeUkraine’s Army Chief Replaced After Rift With ZelenskiyNew York City Is Conside
(Bloomberg) -- Vietnam’s Be Group raised 739.5 billion dong ($30 million) in fresh funding, accelerating its push to take on larger rival Grab Holdings Ltd. in markets from ride-hailing to deliveries.Most Read from BloombergSEC X Account Compromised to Falsely Say Bitcoin ETFs ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffUS and Allies Met Secretly With Ukraine on Peace PlanBlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry ShiftsXi, Biden and the $10 Trillion Cost
(Bloomberg) -- A Singapore lawmaker initially appointed to run Grab Holdings Ltd.’s government relations department has left the tech firm, months after a public backlash over potential conflicts of interest forced the company to move her to a different role.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed i
A Singapore lawmaker initially appointed to run Grab Holdings Ltd.’s government relations department has left the tech firm, months after a public backlash over potential conflicts of interest forced the company to move her to a different role.
We look at the latest inflation reading and an acquisition of a taxi company by a super-app. The post Top Stock Market Highlights of the Week: Singapore’s Inflation Rate, US Federal Reserve, Grab Holdings and Ant Group appeared first on The Smart Investor.