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R|T: The Retail Times - Shopify shake-up


A heavyweight in retail, cloud computing, digital advertising, streaming and smart speakers, the tech giant compels vendors in one market to engage with it in others. This report comes at the same time as CEO Jeff Bezos says he doesn’t take comfort from the company’s win against the Alabama unionization vote.
Southeast Asia’s largest ride-hailing company, Grab Holdings, said that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion and allow it to trade on the Nasdaq Stock Market. It’s already considering a second Singapore listing.

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Grab to list in US via $40 billion merger with Altimeter Growth

Grab to list in US via $40 billion merger with Altimeter Growth
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Grab to list in US via $40 bln merger with Altimeter Growth

HONG KONG — Southeast Asia’s largest ride-hailing company, Grab Holdings, said Tuesday that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion in preparation for an initial public offering in the U.S. Grab’s agreement to list via a special purpose acquisition company (SPAC) — […]

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Grab to list in US via $40 bln merger with Altimeter Growth

Grab to list in US via $40 bln merger with Altimeter Growth
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Grab to list in US via $40 bln merger with Altimeter Growth

Grab to list in US via $40 bln merger with Altimeter Growth
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