Grab, which was valued at $14 billion in March this year, faces a $2 billion payout to Uber if it doesn't go public by March 2023. Uber, a rival ride-hailing app, holds a 27.5% stake in Grab.
from World News & Analysis https://www.cnbc.com/2019/11/15/ride-hailing-firm-grab-can-go-public-once-its-profitable-ceo.html
Friday, November 15, 2019
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