Southeast Asia's ride-hail firm Grab considering U.S. IPO this year: Report

Topics Grab | Singapore | Ride-Hailing apps


Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for initial public offerings (IPOs), three sources familiar with the matter told Reuters. Grab's IPO could raise at least $2 billion, one of the sources said, which would likely make it the largest overseas share offering by a Southeast Asian company.

"The market is good and the business is doing better than before. This should work well for public markets," he said. The.....

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