Grab set for $40bn valuation in US share listing
The Singapore-based firm started as a ride-hailing company and has since expanded. …
“We’ve already seen this movie – how profit and growth has unfolded in the US, China, Europe and Latin America and we’re now seeing that and better in South East Asian markets.” he said in a presentation for investors, in which he compared Grab to “Uber, Doordash plus Ant Financial all in a single app”.
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