Grab, GoTo revive talks for ride-hailing merger -Bloomberg News


Reuters | Updated: 09-02-2024 11:46 IST | Created: 09-02-2024 11:46 IST
Grab, GoTo revive talks for ride-hailing merger -Bloomberg News

Grab Holdings and GoTo , Southeast Asia's biggest ride-hailing companies, have restarted talks for a merger, Bloomberg News reported on Friday.

The companies are in preliminary discussions over a variety of scenarios, the report said, citing people familiar with the matter.

One such is for Singapore-based Grab to acquire GoTo using cash, stock, or a combination of the two, Bloomberg said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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