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Didi Chuxing files confidentially with US regulator for IPO that could raise several billion dollars

Grab to List in New York Via Mega SPAC Merger

Apr 7, 2021 6:49 AM EDT Ride-hailing company Grab Holdings will go public through a merger with a special purpose acquisition company, or SPAC, that could value the Asia-based ride-hailing giant at more than $35 billion, making it the largest ever blank-check deal. The Financial Times reported Wednesday that Grab, which also offers food delivery and mobile digital payments services, will raise $2.5 billion in total financing, with nearly $1.2 billion coming via a SPAC owned by tech-focused venture capital firm Altimeter Capital. Grab could finalize an agreement to list with one of Altimeter Capital’s SPACs as soon as this week, the FT said. Grab has so far raised about $12 billion and has some $5 billion in reserves, according to the FT. 

Myanmar s digital economy comes to a halt as junta blocks connections

Myanmar s digital economy comes to a halt as junta blocks connections
investvine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investvine.com Daily Mail and Mail on Sunday newspapers.

Southeast Asia s Grab in talks for U S listing via $53 billion SPAC deal: Sources

Southeast Asia s Grab in talks for U S listing via $53 billion SPAC deal: Sources
asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.

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