Coming to IPO with valuation of $ 34 billion, Grab kicked off the ‘feast’ of Southeast Asian tech startups


Source: vnexplorer.net vnexplorer.net

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Coming to IPO with valuation of $ 34 billion, Grab kicked off the ‘feast’ of Southeast Asian tech startups 13/04/2021 Grab and Traveloka are preparing to go public in the coming months, kicking off the “reveal party” of Asian Internet companies.Bloomberg quoted a close source as saying that this week Grab will go public through a blank-check company with the backing of a well-known investment fund from T. Rowe Price to Temasek. The ride-hailing giant is valued at more than $ 34 billion.Another unicorn, Traveloka of Indonesia, will have a similar move, valued at about $ 5 billion, going on...