SINGAPORE -- Singapore tech group Grab will accelerate its technology investments with some of the $4.5 billion it raised by listing in the U.S., its chief executive said on Thursday, ahead of what turned out to be a dismal first day of trading for the company's shares.
Interview
Grab CEO eyes expansion into digital maps after rocky U.S. stock market debut
Anthony Tan sets out investment plans as shares slump 21%
Grab CEO Anthony Tan celebrates on stage during the Grab Bell Ringing Ceremony at a hotel in Singapore on Dec. 2. © Reuters
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