Singaporean superapp Grab to merge with Altimeter Growth in $39.6bn deal
Singapore-based ride-hailing and food delivery company Grab will merge with US-based special purpose acquisition company (SPAC) – Altimeter Growth in a deal that gives the combined entity a valuation of nearly $39.6bn. The merger will pave the way for Grab to go public with a listing on NASDAQ. Currently, Grab offers various on-demand services across […]