Editor's take: The week that was — April 26-May 1
Grab, a Gojek-Tokopedia combination, and Sea Ltd is shaping up in Southeast Asia’s largest market, Indonesia. As the growing tentacles of these companies extend to new areas, new battle lines will also be drawn across this region. We also looked at how the new string of SE Asian companies looking to tap the public markets is hoping to emulate the success of NYSE-listed Sea Ltd. Grab has already announced plans to merge with an Altimeter SPAC. Other hopefuls include Gojek-Tokopedia (or GoTo, as the combined entity is likely to be named), Traveloka (which is reportedly in conversation wit...
Source: dealstreetasia.com