AGC News and Press, Altimeter Growth Corp. From 08/04/21

Grab is set to merge with SPAC Altimeter Growth Corp. by the end of the year. Investors wanting to invest in the company can do so by buying the SPAC shares now. The company is valued at ~$45 billion, which we believe is way too generous. It is still worth watching given the fact ...

Southeast Asia's largest ride-sharing, food delivery, and online payments company Grab saw sales rise 39% to $507M in its first quarter and EBITDA loss of $111M compared to a loss of $344M in the comparable quarter last year. Grab has been able to prosper despite Southeast Asian country lockd...

Q1 2021 Adjusted Net Sales reached an all-time high of $507 million and grew 39% year on year. Revenue presented in accordance with IFRS was $216 million, also a record for Grab Quarterly Adjusted EBITDA improved by $233 million year on year to $111 million Grab has ...

Miguel Vidal/iStock Editorial via Getty Images Indonesia's GoTo, the Internet company created through the merger of ride-sharing firm Gojek and e-commerce co.  Tokopedia in May, is said in talks to raise as much as $2B ahead of public listings at home and in the U.S. GoTo has started tal...

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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Another week, another record-setting SPAC merger, as Lionheart Acquisition II (NASDAQ: LCAP ) and MSP Recovery announced a deal that will bring the Medicare specialty firm public. The combined company is expected to ...

Thanumporn Thongkongkaew/iStock via Getty Images S3 Partners updates on the U.S. stocks with the highest percentage of short interest as the calendar turns to the second half of the year. While the average short interest as a percentage of total float for a U.S. stock is 5.39%, the list of na...

Grab, one of South East Asia's tech giants, is going public via a SPAC merger with Altimeter Growth Corp (AGC). While many investors are bullish, a deep dive into Grab's fundamentals and valuation suggests that a $40 billion valuation is rather generous. This article analyses the ...

Chase Coleman’s 13F portfolio value increased from $39B to $43.47B this quarter. Tiger Global increased DocuSign, DoorDash, Shopify, and Zoom Video while decreasing Uber Technologies and Facebook during the quarter. The largest three positions are JD.com, Microsoft, and Rob...

Somrerk Kosolwitthayanant/iStock Editorial via Getty Images Brad Gerstner's SPAC Altimter Growth Corp. (AGC) fell 1.5%  after ride-sharing ompany Grab (GRAB) said its deal with the SPAC wouldn't be completed until Q4, according a regulatory filing. Grab had previoulsy said it t...