Grab Weighs Takeover of Rival GoTo at $7 Billion Valuation
2 days ago · Grab Holdings Ltd. is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, accelerating talks for a combination to end years of losses in Southeast Asia’s competitive ...
Grab and Gojek parent GoTo accelerate merger talks, aiming for …
2 days ago · Grab has bought a supermarket chain in Malaysia and a reservation app in Singapore, while GoTo a year ago agreed to relinquish control of its loss-making e-commerce arm to ByteDance’s TikTok in ...
Grab Soars 12.8% on $7 Billion GoTo Merger Talks--Is This …
2 days ago · Grab Holdings (NASDAQ:GRAB) is making moves. The ride-hailing giant is back in talks to acquire GoTo Group in an all-stock deal valued at over $7 billion. If this goes through, it'll mark the ...
Grab, GoTo Accelerate Merger Talks and Aim for Deal in 2025
2 days ago · (Bloomberg) -- Grab Holdings Ltd. and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in Southeast Asia’s competitive internet market.Most ...
Grab-GoTo merger could boost their market share in S-E Asia, but …
18 hours ago · Bloomberg Intelligence analyst Nathan Naidu said Grab and GoTo accounted for over 70 per cent of South-east Asia’s ride-hailing gross merchandise value (GMV) in 2023 and around 60 per cent of ...
Grab and GoTo in advanced merger talks, sources say - CNA
2 days ago · GoTo shares, listed in Jakarta, ended 7.4 per cent higher on reports of the talks, while Grab was last up 8.8 per cent in premarket trading. Combined, the companies are worth nearly US$25 billion.
Grab Mulls Takeover of GoTo at $7 Billion Valuation ... - Morningstar
2 days ago · --Grab Holdings is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, Bloomberg reported Tuesday, citing unnamed sources. --The companies have held on-and-off talks ...
Grab, GoTo revive merger talks with plan for 2025 deal
2 days ago · Grab, which was listed on the Nasdaq through a merger with a special purpose acquisition company in 2020, is valued at $18.28 billion based on its Monday close, while GoTo is worth about 85.85 ...
Grab, GoTo Are Said to Revive Talks for Ride-Hailing Mega Merger
Feb 9, 2024 · Southeast Asia’s biggest ride-hailing companies, Grab Holdings Ltd. and GoTo Group, have restarted talks for a merger, a potential blockbuster combination aimed at staunching years of losses at...
Grab, GoTo Aim to Complete Merger Talks in 2025: DealStreetAsia
2 days ago · Merger talks between Grab Holdings Ltd. and GoTo Group have gathered steam recently and the companies aim to complete the discussions this year, DealStreetAsia reported, citing sources aware of the development.. An executive associated with the talks says deal has to happen in 2025 or not at all, DealStreetAsia says; Executive from Provident Capital Partners, a GoTo investor, is driving talks ...
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