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We are seeing more activity from Grab’s financial sector as it gets closer and closer to launching its digibank operations in 2022. Over the course of
Louie Sangalang has reached the finished line of his "The Apprentice" stint but failed to get the coveted job offer to work with ONE Championship and CEO Chatri Sityodtong. Louie Sangalang and Jessica Ramella (ONE Championship) Out of the original 16 candidates, Sangalang wowed fans with an over
[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 Asia's 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 under the symbol "GRAB" in the coming months. The proposed transactions value Grab at an initial p...
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.
Grab Holdings today unveiled plans for the GrabForGood Fund that seeks to support programs that will have lasting impact on the quality of life for its driver-, delivery- and merchant-partners, and the broader community of Southeast Asia. Grab will seed the fund with US$50 million in cash and US$200 million in expected value of Grab shares. In addition, Grab Group CEO and co-founder Anthony Tan, co-founder Tan Hooi Ling and President Ming Maa have pledged a combined US$25 million in personal contribution of Grab shares (expected value). This brings the total initial fund size to US$275 millio...