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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
Singapore's Grab Hits Adjusted Profit, Decade After Founding - Vimarsana News

Singapore's Grab Hits Adjusted Profit, Decade After Founding

(Bloomberg) -- Grab Holdings Ltd. posted its first-ever profit on adjusted basis, a milestone for the decade-old Southeast Asian ride-hailing and food delivery company trying to convince investors of its earnings potential.Most Read from BloombergRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapThailand Takes $28 Billion Malacca Strait Bypass Plan to USBiden, Xi to Announce China’s Crackdown on Fentanyl TradeTrump Insists o

Source: yahoo.com