5 world market themes for the week aheadThe China Evergrande Group saga moves into the next stage after ratings agency Fitch calls a default. Plus: Is SPAC-mania back from the dea...
11 Dec, 2021, 02.18 PM IST
Grab slumps in US debut after record SPAC merger dealShares in Grab, Southeast Asia’s biggest ride-hailing and delivery firm, slid more than 20% in their Nasdaq debut following the company’s r...
03 Dec, 2021, 09.27 AM IST
Grab's Nasdaq debut to set tone for Southeast Asian tech listingsThe backdoor listing on Nasdaq marks the high point for Singapore’s Grab that began as a ride-hailing app and now operates across 465 citie...
02 Dec, 2021, 11.03 AM IST
SoftBank dragged into red by falling Vision Fund valuationsBright spots for the Vision Fund include its India portfolio with ride-hailer Ola and logistics firm Delhivery targeting listings.
08 Nov, 2021, 01.18 PM IST
Dealmaking booms in Southeast Asia as investors place post-pandemic betsFintech and e-commerce companies in Southeast Asia are raising hefty amounts of capital as global investors bet on post-pandemic technology...
27 Aug, 2021, 02.09 PM IST
Grab weighs secondary Singapore listing after SPAC merger in USListing on Singapore Exchange would enable Grab to have an investor base close to where its regional business is based, potentially offerin...
16 Apr, 2021, 04.03 PM IST
Singapore's Grab to go public in world's biggest $40 bn SPAC mergerThe merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the ...
13 Apr, 2021, 08.49 PM IST
Singapore's Grab to go public in world's biggest $40 billion SPAC mergerThe merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the ...
13 Apr, 2021, 07.44 PM IST
Trip and fallThe Covid pandemic has been disastrous for the travel sector in general and 15-year-old Cleartrip in particular. A year after it laid off a...
13 Apr, 2021, 07.40 PM IST
Gojek, Tokopedia seek shareholders' approval for proposed merger dealA GoJek-Tokopedia merger deal, previously estimated at $18 billion, would create a technology powerhouse offering online shopping, courier ...
09 Apr, 2021, 08.36 PM IST
Why India needs to look before it leaps on the SPAC bandwagonThese ‘blank cheque companies’ have no business plans except to acquire a private company using money raised from an IPO, thereby enabling ...
22 Mar, 2021, 11.34 PM IST
Hunting digital loan sharksIn today’s ETtech Morning Dispatch: RBI is exploring ways to regulate online loan apps; KKR is in talks to pick up 53% stake in Vini Cosmet...
12 Mar, 2021, 07.52 AM IST
SoftBank-backed Grab said to weigh US IPO via SPAC mergerGrab Holdings is in talks to go public through a merger with an SPAC controlled by Altimeter Capital Management that could value the SoftBa...
12 Mar, 2021, 12.32 AM IST
SoftBank, armed with billions in cash, joins blank check bingeSoftBank is now looking at ways to deploy the cash it’s raised, and has recently launched an asset management unit that’s putting money int...
14 Oct, 2020, 09.00 AM IST