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Editor's take: The week that was — Feb 5-10 - Vimarsana News

Editor's take: The week that was — Feb 5-10

This edition features a recap of PE-VC and startup headlines from SE Asia, China, and India in the week gone by.

Grab, GoTo Are Said to Revive Talks for Ride-Hailing Mega Merger - Vimarsana News

Grab, GoTo Are Said to Revive Talks for Ride-Hailing Mega Merger

(Bloomberg) -- Southeast Asia’s biggest ride-hailing companies, Grab Holdings Ltd. and GoTo Group, have restarted talks for a merger, a potential blockbuster combination aimed at staunching years of losses at both companies resulting from tough competition between the two.Most Read from BloombergA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaBiden’s Attempt to Address Memory Issue Backfires With New GaffeUkraine’s Army Chief Replaced After Rift With ZelenskiyNew York City Is Conside

Source: yahoo.com
Grab, GoTo are said to revive talks for ride-hailing mega merger - Vimarsana News

Grab, GoTo are said to revive talks for ride-hailing mega merger

The companies, also the food-delivery leaders in the region of more than 650 million people, are in preliminary discussions about a variety of scenarios, people familiar with the matter said.

Grab, GoTo to revive talks for ride-hailing mega merger: Sources - Vimarsana News

Grab, GoTo to revive talks for ride-hailing mega merger: Sources

Major shareholders of both companies support a deal and have been driving the talks, say sources. Read more at straitstimes.com.

Grab, GoTo said to reignite mega merger talks: Report - Vimarsana News

Grab, GoTo said to reignite mega merger talks: Report

Grab and GoTo Group have restarted talks for a merger to stop losses in the face of growing competition, Bloomberg reported.