Tag: Anthony Tan
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Huge ride-hailing company Grab merges with U.S. company
Grab Holdings, the largest ride-hailing company in Southeast Asia, is merging with U.S.-based Altimeter Growth Capital in order to go public faster. The latter company is already trading on the stock exchange, and the merger will allow Grab to essentially take its place. This is known as an SPAC merger, where one company uses the…