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

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.

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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.

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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

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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.

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