From Segambut to New York: Grab celebrates listing milestone

Southeast Asia’s leading super-app Grab Holdings Ltd, with the ticker “Grab”, celebrated its milestone US public listing on Thursday with Nasdaq’s first-ever opening bell ceremony hosted in the region.

The ceremony held in Singapore, which was attended by Grab employees as well as driver-, delivery- and merchant-partners, came after the nine-year-old ride-hailing and delivery firm announced its US$40 billion (about RM169.2 billion) merger with a special purpose acquisition company (SPAC).

The firm had in April this year merged with a US tech investor Altimeter Capital Management's SPAC, Altimeter Growth Corp, and raised...