FACTBOX-Grab, Southeast Asia's biggest startup, set for bumper U.S. listing

TheStar Wed, Apr 14, 2021 06:54am - 3 years View Original


Launched in Malaysia as a taxi app in June 2012, what is Grab now?

SINGAPORE: 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.

The deal is set to be the world's biggest ever by a blank check company.

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