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If successful, the deal will create a ride-hailing and delivery giant that would dominate Southeast Asian markets.
Singaporean ride and delivery firm Grab Holdings Ltd. is in talks to raise a loan of as much as $2 billion to back its ...
GRAB) is moving forward with its attempt to take over Indonesian rival GoTo Group (OTCPK:GTOFF), and has begun due diligence, ...
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REUTERS -Singapore-headquartered Grab is seeking a loan of up to $2 billion to support its potential takeover of Indonesia's ...
Amid talk of a merger with Indonesian rival GoTo, Grab sends a message about balancing strong growth and sustained ...
Grab Holdings Ltd. is moving forward with its attempt to take over GoTo Group, according to people familiar with the matter, who said the Singaporean ride and delivery firm has begun due diligence ...
Singapore-headquartered Grab (GRAB) is seeking a loan of up to $2 billion to support its potential takeover of Indonesia's GoTo, Bloomberg News reported on Wednesday.
Singapore-headquartered Grab, which is backed by Uber (UBER.N), opens new tab, and its smaller Indonesian rival GoTo, have reportedly engaged in several rounds of talks over a potential merger.
(Reuters) - Indonesia's GoTo Gojek on Wednesday reiterated that there was no agreement with any party about a potential transaction after a media report emerged that Singapore-headquartered Grab ...
GrabCab, a subsidiary of Grab Rentals and sister company of GrabCar, has been awarded a street-hailing service operator license (RSOL).
Talks with banks are in early stages and details could be subject to change, the sources added. Read more at straitstimes.com.
Grab, GoTo and their shareholders have also been assessing the potential structure and value of an agreement, the people said. Talks are ongoing and may not lead to a transaction, the people said.
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