(Reuters) - Grab Holdings forecast its annual revenue below analysts' estimates on Wednesday, as it grapples with intense competition in food delivery and ride-hailing businesses, sending its U.S ...
SINGAPORE, Feb 4 (Reuters) - Southeast Asian ride-hailing and food delivery company Grab is in advanced talks to merge with its smaller Indonesian rival GoTo (GOTO.JK), opens new tab as the firms ...
Feb 19 (Reuters) - Grab Holdings (GRAB.O), opens new tab forecast its annual revenue below analysts' estimates on Wednesday, as it grapples with intense competition in food delivery and ride ...
Grab Holdings Ltd. is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, accelerating talks for a combination to end years of losses in Southeast Asia’s competitive ...
Grab Holdings (NASDAQ:GRAB) is making moves. The ride-hailing giant is back in talks to acquire GoTo Group in an all-stock deal valued at over $7 billion. If this goes through, it'll mark the ...
GoTo shares, listed in Jakarta, ended 7.4 per cent higher on reports of the talks, while Grab was last up 8.8 per cent in premarket trading. Combined, the companies are worth nearly US$25 billion.
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(Bloomberg) -- Grab Holdings Ltd. and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in Southeast Asia’s competitive internet market.
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--Grab Holdings is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, Bloomberg reported Tuesday, citing unnamed sources. --The companies have held on-and-off talks ...
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SINGAPORE – Singapore’s Grab Holdings and Indonesia’s GoTo Group have accelerated merger talks and target a deal in 2025, seeking to end years of losses in South-east Asia’s competitive ...