SPAC Grab ... At 2x Uber
There are 650mn consumers in Southeast Asia, worth an estimated US$2.8tn. This is not a winner takes all maker. If anything, it's a three-way "grab".
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Grab Goes Public: Expanding Top Line but No Profits; Proposed Valuation Seems Excessively Ambitious
Grab announced on Tuesday that it plans to go public in the US via a SPAC merger with Altimeter Growth Corp. at a proposed valuation (pro-forma) of...
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Grab SPAC Deal: Delivering the Goods
Grab has announced a SPAC merger with Altimeter Growth Corp which values Grab at a post-money market cap of $39.6 bn. We think that Grab has strong...
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Grab SPAC Listing - High on Ambition, Very High on Valuation
On 13th Apr 2021, Grab announced that it plans to go public in the US in partnership with Altimeter Growth Corp at an equity valuation of...
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The Week That Was in ASEAN@Smartkarma - Grab's SPAC Plans, Indonesia Hospitals, and ThaiBev
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
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