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T he promise of South-East Asia has long been obvious to venture capitalists. Its young and growing population of 700m is ...
Grab is a diversified super-app in Southeast Asia, combining ride-hailing, food delivery, and digital payments. Read why GRAB ...
Though Grab denied a potential transaction with GoTo in its 6-K filing on 9 June 2025, its proposed $1.2bn convertible senior note on 10 June 2025 looks to suggest the opposite.
GoTo will be selling off its international unit, two separate sources familiar with the matter said. In Indonesia, GoTo will sell its entire operations except its finance arm to Grab, one of the ...
GoTo is 73.90%-owned by foreign investors, including SoftBank Group and Taobao China Holding, a unit of China's Alibaba Group, with the rest owned by Indonesian investors, according to its 2024 ...
Grab Holdings Limited GRAB and GoTo Group are reportedly revisiting discussions for a merger, seeking to address longstanding losses caused by fierce competition. The firms, both dominant players ...
Grab's shares rose 5.4% premarket on Tuesday and later pared gains to end the day 3.4% in the green. GoTo, which operates the ride-hailing and food delivery platform Gojek, ended 5% higher on Tuesday.
On Tuesday, JPMorgan maintained its Overweight rating and $5.60 price target on Grab Holdings Inc. (NASDAQ:GRAB), despite media speculation about the company's potential acquisition of GOTO in an ...
Grab, which became publicly traded in 2020 through a merger with a special purpose acquisition company (SPAC), is now valued at $18.28 billion. Meanwhile, GoTo is estimated to be worth 85.85 ...
Feb 13 (Reuters) - Indonesia's GoTo GOTO.JK, one of Southeast Asia's biggest ride-hailing companies, said on Tuesday that it was not in any discussion with Grab Holdings GRAB.O about a potential ...
U.S.-listed ride-hailing and food delivery company Grab is looking to strike a deal to take over smaller Indonesian rival GoTo in the second quarter, two sources with knowledge of the matter said ...
Grab is looking to buy GoTo's businesses at around $7 billion, according to a separate source with knowledge of the matter. Jakarta-listed GoTo's shares have climbed 20% year-to-date, giving it a ...