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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. ....

Republic Of , South East Asia , Altimeter Growth Corp , Southeast Asian , Hooi Ling Tan , South East Asian , Market Debut , Numbers Slide ,

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… ....

Metro Manila , Philippines General , Republic Of , The Philippines , Altimeter Growth Corp , Southeast Asia , Southeast Asian , Hooi Ling Tan ,