Singapore’s super app Grab looks to strike deal to acquire Indonesia’s GoTo in 2Q – report
US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival GoTo in the second quarter, two sources with knowledge of the matter said, Reuters reported on Wednesday, Singapore-headquartered Grab has hired advisors to work on the proposed deal, the two sources added. The deal is subject to terms such as financing, which Grab is in...
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