Reuters reported exclusively that Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for initial public offerings (IPOs). According to a Reuters source, Grab’s IPO could raise at least $2 billion, which would likely make it the largest overseas share offering by a Southeast Asian company.
Business & Finance
Reuters exclusively reports Grab considering U.S. IPO this year
18 January 2021, 2:49 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: Singapore
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story