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2021-12-02

No revenue/profit company, so price will continue to fall when listed on 2nd Dec 2021 further impacted by the weak market due to Omicron fears, now with USA having its first case of Omicron

Grab’s U.S. Trading to Start Dec. 2 After SPAC Deal Closes

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The combined entity will start trading on the Nasdaq under the ticker GRAB, according to a filing Wednesday.</p>\n<p>This week’s deal is the culmination of a year-long effort to take the Singapore-based company public. Grab and Altimeter Growth announced the deal in April, initially expecting the deal to close in July.</p>\n<p>“We truly believe this is Southeast Asia’s time to shine, and we hope that our entrance into the global public market will help bring greater attention to the tremendous opportunity here in the region,” Chief Executive Officer Anthony Tan said in the statement.</p>\n<p>Grab, founded in 2012, still loses money. Its third-quarter loss widened to $988 million from $621 million a year earlier, while revenue declined about 9% to $157 million.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab’s U.S. Trading to Start Dec. 2 After SPAC Deal Closes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab’s U.S. Trading to Start Dec. 2 After SPAC Deal Closes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-02 08:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/grab-u-trading-start-dec-213549453.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grab Holdings Inc.’s merger with U.S. blank-check company Altimeter Growth Corp. has closed, setting the stage for the Southeast Asian ride-hailing and delivery giant to debut on the U.S. stock market...</p>\n\n<a href=\"https://finance.yahoo.com/news/grab-u-trading-start-dec-213549453.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"https://finance.yahoo.com/news/grab-u-trading-start-dec-213549453.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102558803","content_text":"Grab Holdings Inc.’s merger with U.S. blank-check company Altimeter Growth Corp. has closed, setting the stage for the Southeast Asian ride-hailing and delivery giant to debut on the U.S. stock market on Thursday.\nShareholders of Altimeter Growth, the special purpose acquisition company of Brad Gerstner’s Altimeter Capital Management, voted to approve the $40 billion deal this week. 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