Asian ‘superapp’ Grab to go public in $40 billion SPAC deal

Southeast Asian tech giant Grab plans to go public in the US with a nearly $40 billion valuation in the largest-ever deal with a blank-check company. Grab — a self-described “superapp” that offers ride-hailing, food delivery and digital payment services — is the latest startup to capitalize on the craze around special purpose acquisition companies,...

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