As Grab delays listing, will SPACs lose their sizzle in SE Asia?

As Grab delays listing, will SPACs lose their sizzle in SE Asia?

A Grab rider. Photo by Kseniia Ilinykh on Unsplash

When Southeast Asian ride-hailing giant Grab announced that it was delaying its highly-anticipated SPAC merger with US-based Altimeter last week, it raised more than a few eyebrows.

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