Grab, Southeast Asia's biggest ride-hailing and food delivery firm, is going public in the United States via a merger with special-purpose acquisition company Altimeter Growth Corp (AGC.O) securing a valuation of nearly $40 billion.
By Reuters Staff
4 Min Read
SINGAPORE (Reuters) - Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, is going public in the United States via a merger with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion.
FILE PHOTO: A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. Picture taken March 21, 2019. REUTERS/Anshuman Daga/File Photo
The deal is set to be the world’s biggest ever by a blank check company.
WHAT IS GRAB?
Founded in 2012, Grab is Southeast Asia’s largest startup and was valued at just over $16 billion last year. It launched as a Malaysia taxi-hailing service and has since expanded into food, grocery and parcel delivery to digital payments, lending and other financial services, calling itself a superapp.
Apr 13, 2021
Yuki Muraoka noticed an uptick in the number of recreational anglers visiting his favorite fishing haunts in Tokyo over the past year. Whether alone or with family, those equipped with rods and reels would flock to popular spots along canals flowing into Tokyo Bay and rivers running through the city, such as the Sumida and Arakawa.
“Some bridge pilings see a gathering of over a dozen fishers at a time,” says the sculptor, who took up fishing eight years ago. “If you take a stroll by a river, even at night, you’ll likely see anglers. I’ve also met beginners on their first fishing expeditions.”
Gogoro sales jump on new release - Taipei Times taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
Global Sulfuric Acid Market is estimated to account for 326.65 Mn Tons by end of 2027, Says Coherent Market Insights (CMI)
March 16, 2021 09:00 ET | Source: CMI CMI Pune, INDIA
SEATTLE, March 16, 2021 (GLOBE NEWSWIRE) Sulfuric acid is a colorless oily liquid. It is used in production of dyestuffs, explosives, fertilizers, and other chemicals. It is also used in ore processing, paper manufacturing, petroleum refining, battery manufacturing, printing and jewelry making, and leather industries.
The global
326.65 Mn tons in terms of volume by the end of 2027, witnessing CAGR of 2.3% during the forecast period (2020-2027).
Market Drivers:
Increasing demand for paper is expected to propel growth of the global sulfuric acid market over the forecast period. For instance, according to Directorate General of Commercial Intelligence & Statistics, imports of paper in India (excluding newsprint) increased by around 30 per cent in vol