ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Grab's SPAC adventure tells bigger tale of our FOMO times

Has Southeast Asia's most famous unicorn botched the endgame?

| Singapore
Grab's CEO Anthony Tan, pictured in June 2017: the point of a SPAC is less the money than the clout founders think comes with being a listed company.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Even the least sentimental of investors must be heartened by Grab's journey from Kuala Lumpur garage to $40 billion sensation drawing global attention to Southeast Asia.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more