Grab: Grab Reportedly Explores US$2 Billion Loan for Potential GoTo Acquisition

Grab Holdings is in talks to raise as much as US$2 billion in short-term financing to fund a potential acquisition of Indonesian tech rival GoTo Group, Bloomberg reported. The Singapore-based ride-hailing and delivery platform is engaging with banks on a bridge loan with a tenor of about 12 months, according to people familiar with the [...]The post Grab Reportedly Explores US$2 Billion Loan for Potential GoTo Acquisition appeared first on Fintech Singapore.