Grab, GoTo revive talks for ride-hailing merger: report

Industry: Other 3 months ago

Grab Holdings and GoTo, Southeast Asia’s biggest ride-hailing companies, have restarted talks for a merger, Bloomberg News reported on Friday.

The companies are in preliminary discussions over a variety of scenarios, the report said, citing people familiar with the matter.

One such is for Singapore-based Grab to acquire GoTo using cash, stock, or a combination of the two, Bloomberg said.

Source: Economic Times

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