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Grab, the Leading Superapp for Deliveries, Mobility and Financial Services in Southeast Asia1, Plans to Go Public in Partnership with Altimeter


[April 13, 2021]
Grab, the Leading Superapp for Deliveries, Mobility and Financial Services in Southeast Asia1, Plans to Go Public in Partnership with Altimeter
Grab Holdings Inc. ( Grab ), Southeast Asia s leading superapp
1, today announced it intends to go public in the U.S. in partnership with Altimeter Growth Corp. (Nasdaq: AGC ) in what is expected to be the largest-ever U.S. equity offering by a Southeast Asian company. The combined company expects its securities will be traded on NASDAQ under the symbol GRAB in the coming months.
The proposed transactions value Grab at an initial pro-forma equity value of approximately US$39.6 billion at a PIPE size of more than US$4.0 billion and will provide Grab with approximately US$4.5 billion in cash proceeds. Grab is a superapp dedicated to serving everyday needs and everyday entrepreneurs. It offers services across mobility, deliveries, financial services and more, in an all-in-one app. ....

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NSR Report: Satellite Backhaul Primed to Generate $25 Billion Annually by 2030


Edition report, released today, forecasts $25 billion in annual revenue in 2030 for satellite backhaul, propelled by explosive connectivity demand worldwide and post-COVID-19 recovery in the near term. As it is a core target of virtually every current and new satellite capacity provider, NSR expects Satellite Backhaul to represent one of the largest revenue opportunities for satcom over the next decade.
Digitization is climbing in governmental agendas, pushing for ubiquitous Broadband and creating skyrocketing levels of bandwidth demand. Satellite is finally regarded as an alternative tool for rural deployments, thus creating a massive opportunity for Cellular Backhaul. Trunking is returning to growth with new price points triggering elasticities. Hybrid IP Content Distribution continues on a test phase with little traction during 2020, but the long-term potential continues to look promising. ....

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Lightspeed brings Lightspeed Payments to UK customers as 94% of UK-based merchants look to integrate payments to simplify and scale their businesses


[April 06, 2021]
Lightspeed brings Lightspeed Payments to UK customers as 94% of UK-based merchants look to integrate payments to simplify and scale their businesses
Lightspeed to launch Lightspeed Payments in United Kingdom and Europe in expansion of tailored financial solutions
MONTREAL, April 6, 2021 /CNW Telbec/ - Lightspeed
 (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced the initial availability of Lightspeed Payments for hospitality merchants in the United Kingdom and Europe. 
Lightspeed Payments will be rolled out to hospitality merchants in the United Kingdom, followed by retail. This will continue for Lightspeed merchants throughout France, Belgium, the Netherlands, Germany and Switzerland. The United Kingdom is an underserved market when it comes to payments, especially in the hospitality sector, and Lightspeed is thrilled to support these businesses as they begin to re-open for fu ....

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