Grab CEO takes 60% of voting rights: 5 take-aways from IPO plan

Accumulated losses reach $10bn; Singapore company raises Myanmar risk

20210414 grab

Grab's delivery to be the biggest segment over next 3 years. (Photo by Ken Kobayashi)

KENTARO IWAMOTO and SHOTARO TANI, Nikkei staff writers

SINGAPORE/JAKARTA -- Grab's plan for a U.S. listing has revealed some of the Singapore tech unicorn's key information, from its ownership structure to financials to valuations. It also has some implications for Southeast Asian rivals like Indonesia's Gojek as they prepare for future listings.

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