The build-up to the Grab SPAC deal with Altimeter has been frenetic and the market seems to be blind to a certain reality once the announcement was made. Accordingly, Tan would control 60% of the voting shares after the merger with Altimeter. There a...

The retail industry players have always been competing for high efficiency and satisfying consumer experience. Also, the structure of terminal retail channels for agricultural products during the pandemic has changed significantly, with the proportio...

After weeks of speculation, Grab Holdings is merging with Altimeter Growth Corp, a US-listed SPAC. It will be the first Southeast Asian tech unicorn to list through a SPAC. Altimeter will invest US$750mn, which would be 20% of the cash proceeds. Othe...

The event dragged the NASDAQ Golden Dragon China Index downwards by 9% on the first trading day after it occurred. Among these names, Chinese concept stocks have suffered most, with TME down around 35% since March 23. Even though some of these compan...

This week, Grab, Southeast Asia’s most valuable start-up, is set for the largest merger between a private business and a SPAC. Grab is based in Singapore and has operations in Southeast Asia. Its business includes ride-hailing, food delivery and digi...

The Chinese AIoT leader is facing some challenges, which it's rather well-equipped to deal with. > To read the full article for free, please clickhere. The company has raised up to USD 872 million in the U.S. market and is expected to have 417.36 mil...