Grab's lofty $40b valuation stems from its fintech potential, not ride-hailing might

Grab's lofty $40b valuation stems from its fintech potential, not ride-hailing might

As it readies for its upcoming listing on the Nasdaq via a record $40-billion SPAC deal, Singapore-based super app giant Grab is not quite pitted against global ride-hailing peers Uber and Lyft or food delivery players GrubHub and Deliveroo.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter