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Grab slumps in US debut after record SPAC deal | Money

Published: December 3, 2021

SINGAPORE, Dec 3 — Shares in Grab, South-east Asia’s biggest ride-hailing and delivery firm, slid more than 20 per cent in their Nasdaq debut on Thursday following the company’s record US$40 billion (RM169.4 billion) merger with a blank-check company. Grab’s shares rose as much as 21 per...

Source: malaymail.com

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