Singapore's Grab

Grab to go public in world’s biggest $40 billion SPAC merger

Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger with special-purpose acquisition company Altimeter Growth Corp securing a valuat...


Southeast Asia’s Grab considering US IPO this year

Southeast Asian ride-hailing and food delivery giant Grab is researching a list in the United States this year, encouraged by strong investor appetite for IPOs, a number of sources...

Platform News: Delivery Services across the world

Gojek, Tokopedia in $18 billion merger talks for Indonesia’s biggest deal

Indonesian ride-hailing and payments company Gojek and e-commerce leader Tokopedia are in advanced talks to secure a $18 billion merger before a possible dual listing in Jakarta an...


Indonesian ride-hailing firm Gojek cuts 9% of headcount

Indonesian ride-hailing and payments firm Gojek has announced it will lay off 9% of its employees, or 430 workers, and close down its lifestyle services arm, GoLife.

Platform News: Japan's SoftBank

SoftBank-backed ride-hailing firm Grab announces layoffs

Southeast Asian ride-hailing and payments firm Grab announced hundreds of job losses on Tuesday due to the impact of novel coronavirus.

Ride Hailing

How ride-hailers around the world are coping with the virus pummelling

Battered by significant restrictions in movement and the ongoing lockdowns caused by the coronavirus pandemic, ride-hailing companies across the world are being forced to cut back ...

Platform News: Facebook and WhatsApp messaging service

WhatsApp and PayPal invest in Indonesian super app Gojek

Facebook messaging platform WhatsApp and PayPal Holdings have said they have invested in payment, food delivery and ride-hailing app operator Gojek as part of the Indonesian firm&#...