Grab Holdings Ltd.
GRAB 6.86%
, the Southeast Asian superapp that set a high watermark for SPAC mergers last year, has quickly become one of the market’s biggest post-listing flops.…
Uber Technologies Inc.’s
UBER 4.83%
revenue climbed 83% in the last quarter of 2021, helped by a recovery in its rides business and continued demand for food…
For Southeast Asia’s technology industry, Grab Holdings Inc.’s record-breaking deal to go public via a SPAC is a watershed moment.
Bankers and investors have long talked up Southeast Asia’s potential, and venture-capital…