Advent Claymore Price, Forecast, Insider, Ratings, Fundamentals & Signals

Singapore & menlo park, calif.--(business wire)--grab holdings inc., southeast asia's leading superapp, today announced financial results for the quarter ended june 30, 2021. the company posted record gross merchandise value and adjusted net sales of $3.9 billion and $550 million respectively. total revenue was $180 million, up 132% year-over-year (“yoy”). adjusted ebitda for q2 2021 was $(214) million and net loss was $(815) million. grab's planned business combination with altimeter growth co

Singapore & menlo park, calif.--(business wire)--grab holdings inc., southeast asia’s leading superapp, today announced financial results for the quarter ended march 31, 2021. grab and altimeter growth corp. (nasdaq: agc) today also filed with the u.s. securities and exchange commission (“sec”) a draft registration statement on form f-4 (the “registration statement”), in connection with their recently announced proposed business combination. while the registration statement has not yet become effective and the information contained therein is subject to change, it provides important information about grab’s business and operations, proposed business combination with altimeter growth corp...

Bloomberg's Sonali Basak reports on the takeaways from this quarter's 13F disclosures by hedge funds. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.

Shares of Grab Holdings tumbled on its first trading day on the Nasdaq, after completing the world's biggest ever merger involving a special purpose acquisition company, or SPAC.

Grab has seen its shares lose over a fifth of their value on its first day in trading in New York, per a Wall Street Journal (WSJ) report Thursday (Dec. 2). The ride-hailing and delivery company has been set back shortly after its merger with a special purpose acquisition company (SPAC).

Grab's Nasdaq debut Thursday (Dec. 2) is off to a bumpy start, with shares dropping throughout the day from the opening price of $13.06 each, hitting $9.37 at midday, the Associated Press (AP) reported. Singapore-based Grab is Southeast Asia's largest ride-haling company, according to the report.

After completing the richest deal yet for a special-purpose acquisition company, Grab Holdings Ltd. shares experienced an initial pop Thursday, their first day of trading in the U.S., but then slumped to a decline of more than 20%.

Grab, the Singapore-based ride-hailing giant swiftly growing its footprint as a super app, is making its U.S. debut on the Nasdaq exchange today (Dec. 2). And now, we might say, the hard part begins.

Grab President Ming Maa speaks with Yahoo Finance Julie Hyman, Brian Cheung, and Brian Sozzi about the ride-hailing and superapp company's Nasdaq debut and plans for growth in three areas: delivery, financial services, and e-commerce infrastructure.

SoftBank-backed ride-hailing giant Grab began trading on the Nasdaq on Thursday, becoming the largest-ever company to close a SPAC merger and go public.

SPACs started out the year with a bang that soon became a fizzle. But don't count the Wall Street fad out just yet.

Grab, the Southeast Asian unicorn, is finally having its day on Wall Street.