Grab's future IPO plans not affected by COVID, president says

Singapore unicorn intends to maintain 'super app' strategy in post-pandemic era

20201124 grab delivery

Although the pandemic has forced Grab to emphasize different services, it says its revenue is currently about 95% of pre-COVID level. © Reuters

KENTARO IWAMOTO, Nikkei staff writer

SINGAPORE -- Singapore's Grab has not changed its thinking regarding a future IPO because of COVID-19, according to its president, whose remarks are the latest indication that Southeast Asia's largest unicorn remains keen to go public as it adjusts its strategies amid the pandemic.

Sponsored Content

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