Xpersity Insights
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Xpersity Insights

Podcast: Waiting for the Grab IPO?


Source: https://www.zdnet.com/article/grab-set-for-us-ipo-in-39b-merger-deal/

The wait is over. Grab Holdings, one of the most anticipated unicorns in Southeast Asia, if not globally, will go public on NASDAQ via a merger with Altimeter Capital Management’s SPAC. The deal is estimated to be valued at US$35~40billion, the largest ever for a blank cheque deal.

Playing in the industries that are considered to be hyper-competitive and getting commoditised, does Grab have what it takes to grow and become profitable?

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