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Why food-on-demand can be Gokada s ticket to super app stardom
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Why should investors care about Grabâs SPAC?
The ride-hailing and financial services platformâs listing will be seen as a test of Southeast Asiaâs tech start-ups.
Grab started life as a ride-hailing company in 2012, before expanding its services to include food delivery and financial products like loans and insurance.
In January, its financial arm Grab Financial Group secured $300m in Series A funding, led by South Koreaâs Hanwha Asset Management. This followed a 40% jump in revenues year-on-year in 2020 for Grabâs financial service business, which has distributed over 70 million insurance policies since launching in April 2019.
In February, Grab secured a $2bn five-year loan facility from international investors, which it plans to use to strengthen liquidity and diversify its funding sources.
benghazi cover-up unravels. and more states legalize marijuana. so is an increase in revenue really fueling this movement or is a cultural shift to blame? we ll debate it. and the protests in cairo, the white house refuses to condemn the egyptian president s dictator-like grab. all of that, and a hannity shootout with juan williams and more. hannity starts right now. tonight as the fiscal cliff drama unfolds on capitol hill, we ll take a step back and look at how we got to this point. namely, how do we become a nation buried under more than $16 trillion debt, why crippling defense cuts, and the largest tax increase will take hold in 35 days because your elected officials don t know how to stop spending money. let me first play a small part of one of the most memorable
benghazi cover-up unravels. and more states legalize marijuana. so is an increase in revenue really fueling this movement or is a cultural shift to blame? we ll debate it. and the protests in cairo, the white house refuses to condemn the egyptian president s dictator-like grab. all of that, and a hannity shootout with juan williams and more. hannity starts right now. tonight as the fiscal cliff drama unfolds on capitol hill, we ll take a step back and look at how we got to this point. namely, how do we become a nation buried under more than $16 trillion debt, why crippling defense cuts, and the largest tax increase will take hold in 35 days because your elected officials don t know how to stop spending money. let me first play a small part of one of the most memorable
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