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Grab goes public in US$40B SPAC deal but slides in market debut

: South-East Asia’s largest ride-hailing company Grab tumbled in its market debut last week, following a US$40 billion merger in a special purpose acquisition company deal.

Singapore had a new billionaire for a few hours before Grab slid

“The stock will go up and it will go down,” said Anthony Tan, co-founder of Grab Holdings Ltd, moments after Nasdaq’s bell-ringing ceremony in Singapore Thursday night, the first such event held in Southeast Asia.

S pore had a new billionaire for a few hours before Grab slid | Daily Express Online

“The stock will go up and it will go down,” said Anthony Tan, co-founder of Grab Holdings Ltd, moments after Nasdaq’s bell-ringing ceremony in Singapore last night, the first such event held in Southeast Asia

Grab goes public in $40-billion SPAC deal, slides in market debut | Lorenz S Marasigan and The Associated Press

Super app Grab vowed to innovate at a faster pace while improving its services to “create millions more firsts” for Southeast Asia, as the tech giant made its stock exchange debut in the US.  But Southeast Asia’s largest ride-hailing company tumbled in its market debut, following a $40-billion merger in…

Singapore had a new billionaire for a few hours before Grab slid

SINGAPORE (Bloomberg): "The stock will go up and it will go down,” said Anthony Tan, co-founder of Grab Holdings Ltd, moments after Nasdaq’s bell-ringing ceremony in Singapore Thursday (Dec 2) night, the first such event held in Southeast Asia.

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