GRAB - Grab And GoTo Rekindle Merger Talks Amidst Fierce Competition: Report | Benzinga
Grab Holdings Limited (NASDAQ:GRAB) and GoTo Group are reportedly revisiting discussions for a merger, seeking to address longstanding losses caused by fierce competition.
The firms, both dominant players in food delivery across a region with over 650 million inhabitants, are exploring several potential scenarios in initial talks, Bloomberg reported, citing people familiar with the matter.
One possible scenario involves Grab, headquartered in Singapore, acquiring ...