Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Southeast Asia's largest ride-hailing firms, Grab Holdings and GoTo Group, have resumed merger talks, with GoTo becoming more open to a deal under new CEO Patrick Walujo.
Grab Holdings and GoTo, the largest ride-hailing companies in Southeast Asia, have resumed discussions about a possible merger to address their ongoing losses due to competition.
The companies are currently in preliminary talks about various scenarios, including a potential acquisition of GoTo by Grab using cash, stock, or a combination of both.
A full merger or deal is not guaranteed, and other options, such as splitting up their main markets, have also been considered.
A merger could help the combined entity become stronger in higher-margin services such as digital payments and banking.
6 Articles
Las empresas de transporte privado más grandes del sudeste asiático, Grab Holdings y GoTo Group, han reanudado las conversaciones de fusión, y GoTo se está volviendo más abierta a un acuerdo bajo el nuevo director ejecutivo Patrick Walujo.