Asian ride-share app Grab set for record $40B debut on Wall Street
By Victor in Business
Updated 3 years ago
April 13 (UPI) -- Singapore ride-hailing startup Grab announced on Tuesday that it plans to go public with the help of a special-purpose acquisition company that would value the company at about $40 billion. The special-purpose acquisition company, or SPAC, would be backed by U.S. investment firm Altimeter Capital and...