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Yung99

02-04

$Grab Holdings(GRAB)$ idx goto mgmt already send official letter to Indonesia authorize said it's hoax

Yung99

2023-08-08

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Yung99

02-04

Fyi, this is public document so not against any tos im aware, admin pls take it down if it's against tos

Grab Weighs Takeover of Rival GoTo at $7 Billion Valuation

Yung99

02-04

It's hoax goto mgmt already send it's official letter to Indonesia authorities

Grab, GoTo Accelerate Merger Talks and Aim for Deal in 2025

Go to Tiger App to see more news

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That would represent a premium of about 20% over its current stock price level.</p><p style=\"text-align: start;\">Discussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, the people said. The firms — the two biggest ride-hailing providers in Southeast Asia — have held on-and-off talks for years, targeting a combination that would reduce costs and competitive pressure in the region of more than 650 million consumers.</p><p>Shares of Grab jumped about 7% in pre-market trading. Together, the companies’ market value approaches $25 billion, rivaling the capitalization of some of the biggest firms in Southeast Asia.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/20ba9bc81ab1608aa73876e9e692f690\" tg-width=\"414\" tg-height=\"400\"/></p><p style=\"text-align: start;\">Singapore’s Grab, backed by Uber Technologies Inc., and GoTo, whose investors include Softbank Group Corp., have both made progress toward profitability following their stock-market debuts in recent years. But competition for users has kept prices in check and squeezed margins.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ae88f3dfd1bbd9828ed6afb0ace0794f\" tg-width=\"1200\" tg-height=\"675\"/></p><p>In the years past, hurdles for a merger have included disagreements between the parties as well as potential antitrust obstacles caused by the companies’ dominance in markets such as Indonesia and Singapore. And the current talks may not lead to a transaction at all, said the people, asking not to be identified as the matter is private.</p><p>A GoTo spokesperson declined to comment, while Grab representatives had no immediate comment when contacted by Bloomberg News. DealStreetAsia earlier reported the companies’ target of reaching a deal this year.</p><p>A merger could result in cost savings, as the companies would be able to reduce user subsidies and integrate their back-end systems, Citigroup analysts including Alicia Yap and Ferry Wong said in a note.</p><p style=\"text-align: start;\">“They would also be able to reinvest into riders and merchants management to cross-sell financial services offering and increase advertising revenue,” the analysts said.</p><p style=\"text-align: start;\">While discussing a combination, the companies each have struck smaller deals in a bid to improve their finances. Grab has bought a supermarket chain in Malaysia and a reservation app in Singapore, while GoTo a year ago agreed to relinquish control of its loss-making e-commerce arm to ByteDance Ltd.’s TikTok in a $1.5 billion deal.</p><p style=\"text-align: start;\">Meanwhile, the companies’ growth has cooled dramatically from triple-digit rates in years past as customers in the region curb spending to cope with elevated inflation and interest rates. Demand is increasing at a slower pace as their customer base expands and consumers are less eager to hail a ride or get food delivered to their door in a challenging macroeconomic climate.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab Weighs Takeover of Rival GoTo at $7 Billion Valuation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab Weighs Takeover of Rival GoTo at $7 Billion Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-04 21:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grab Holdings is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, accelerating talks for a combination to end years of losses in Southeast Asia’s competitive internet ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191340946","content_text":"Grab Holdings is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, accelerating talks for a combination to end years of losses in Southeast Asia’s competitive internet market.One scenario being discussed is an all-stock purchase valuing shares of Indonesia’s GoTo at more than 100 rupiah apiece, according to people familiar with the situation. That would represent a premium of about 20% over its current stock price level.Discussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, the people said. The firms — the two biggest ride-hailing providers in Southeast Asia — have held on-and-off talks for years, targeting a combination that would reduce costs and competitive pressure in the region of more than 650 million consumers.Shares of Grab jumped about 7% in pre-market trading. Together, the companies’ market value approaches $25 billion, rivaling the capitalization of some of the biggest firms in Southeast Asia.Singapore’s Grab, backed by Uber Technologies Inc., and GoTo, whose investors include Softbank Group Corp., have both made progress toward profitability following their stock-market debuts in recent years. But competition for users has kept prices in check and squeezed margins.In the years past, hurdles for a merger have included disagreements between the parties as well as potential antitrust obstacles caused by the companies’ dominance in markets such as Indonesia and Singapore. And the current talks may not lead to a transaction at all, said the people, asking not to be identified as the matter is private.A GoTo spokesperson declined to comment, while Grab representatives had no immediate comment when contacted by Bloomberg News. DealStreetAsia earlier reported the companies’ target of reaching a deal this year.A merger could result in cost savings, as the companies would be able to reduce user subsidies and integrate their back-end systems, Citigroup analysts including Alicia Yap and Ferry Wong said in a note.“They would also be able to reinvest into riders and merchants management to cross-sell financial services offering and increase advertising revenue,” the analysts said.While discussing a combination, the companies each have struck smaller deals in a bid to improve their finances. Grab has bought a supermarket chain in Malaysia and a reservation app in Singapore, while GoTo a year ago agreed to relinquish control of its loss-making e-commerce arm to ByteDance Ltd.’s TikTok in a $1.5 billion deal.Meanwhile, the companies’ growth has cooled dramatically from triple-digit rates in years past as customers in the region curb spending to cope with elevated inflation and interest rates. Demand is increasing at a slower pace as their customer base expands and consumers are less eager to hail a ride or get food delivered to their door in a challenging macroeconomic climate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":399994509591016,"gmtCreate":1738680121261,"gmtModify":1738680177465,"author":{"id":"4154530771349582","authorId":"4154530771349582","name":"Yung99","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4154530771349582","authorIdStr":"4154530771349582"},"themes":[],"htmlText":"It's hoax goto mgmt already send it's official letter to Indonesia authorities&nbsp;","listText":"It's hoax goto mgmt already send it's official letter to Indonesia authorities&nbsp;","text":"It's hoax goto mgmt already send it's official letter to Indonesia authorities","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/399994509591016","repostId":"2508007771","repostType":2,"repost":{"id":"2508007771","kind":"highlight","pubTimestamp":1738654200,"share":"https://ttm.financial/m/news/2508007771?lang=&edition=fundamental","pubTime":"2025-02-04 15:30","market":"sg","language":"en","title":"Grab, GoTo Accelerate Merger Talks and Aim for Deal in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2508007771","media":"Bloomberg","summary":"Southeast Asia ride-hailing providers push for deal once moreRegional market leaders would face intense regulatory scrutinyGrab Holdings Ltd. and GoTo Group have accelerated merger talks and target a ","content":"<html><head></head><body><ul style=\"\"><li><p>Southeast Asia ride-hailing providers push for deal once more</p></li><li><p>Regional market leaders would face intense regulatory scrutiny</p></li></ul><p>Grab Holdings Ltd. and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in Southeast Asia’s competitive internet market.</p><p style=\"text-align: start;\">Discussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, according to people familiar with the situation. The unprofitable firms — the two biggest ride-hailing providers in Southeast Asia — have held on-and-off talks for years, targeting a combination that would reduce costs and competitive pressure in the region of more than 650 million consumers.</p><p style=\"text-align: start;\">Singapore’s Grab, backed by Uber Technologies Inc., and Indonesia’s GoTo, whose investors include Softbank Group Corp., have both made progress toward profitability following their stock-market debuts in recent years. But competition for users has kept prices in check and squeezed margins.</p><p style=\"text-align: start;\">In the years past, hurdles for a merger have included disagreements between the parties as well as potential antitrust obstacles caused by the companies’ dominance in markets such as Indonesia and Singapore. And the current talks may not lead to a transaction at all, said the people, asking not to be identified as the matter is private.</p><p>A GoTo spokesperson declined to comment, while Grab representatives had no immediate comment when contacted by Bloomberg News. DealStreetAsia earlier reported the companies’ target of reaching a deal this year.</p><blockquote><h3 id=\"id_3345539462\">What Bloomberg Intelligence Says</h3><p>Advancements in potential merger discussions between Grab and GoTo, reported by DealStreetAsia, effectively cement both firms’ market leadership amid intensified rivalry in the sector, but the deal will face tough regulatory scrutiny as the two are the top on-demand-service players in many of Southeast Asia’s key markets. Taxi operator Trans-Cab is entering Singapore ride-hailing, while foreign entrants such as Bolt, in-Drive and Lalamove Ride are shaking up the space, making headway in Indonesia, Malaysia and Thailand.</p><p>-Nathan Naidu, analyst</p></blockquote><p style=\"text-align: start;\">Shares of GoTo advanced as much as 6.2% in Jakarta on Tuesday, bringing their gain this year to more than 20%. Grab has declined about 4% in New York so far in 2025. Together, the companies’ market value approaches $25 billion, rivaling the capitalization of some of the biggest companies in Southeast Asia.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07244402388670d645fb0940306fa8b0\" tg-width=\"1200\" tg-height=\"675\"/></p><p>While discussing a combination, the companies each have struck smaller deals in a bid to improve their finances. Grab has bought a supermarket chain in Malaysia and a reservation app in Singapore, while GoTo a year ago agreed to relinquish control of its loss-making e-commerce arm to ByteDance Ltd.’s TikTok in a $1.5 billion deal.</p><p style=\"text-align: start;\">Meanwhile, the companies’ growth has cooled dramatically from triple-digit rates in years past as customers in the region curb spending to cope with elevated inflation and interest rates. Demand is increasing at a slower pace as their customer base expands and consumers are less eager to hail a ride or get food delivered to their door in a challenging macroeconomic climate.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab, GoTo Accelerate Merger Talks and Aim for Deal in 2025</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab, GoTo Accelerate Merger Talks and Aim for Deal in 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-04 15:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Southeast Asia ride-hailing providers push for deal once moreRegional market leaders would face intense regulatory scrutinyGrab Holdings Ltd. and GoTo Group have accelerated merger talks and target a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","GRAB":"Grab Holdings","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","SG9999013478.USD":"利安新加坡股息基金","BK4230":"旅客陆运","BK4122":"互联网与直销零售","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","BK4022":"陆运","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD"},"source_url":"https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2508007771","content_text":"Southeast Asia ride-hailing providers push for deal once moreRegional market leaders would face intense regulatory scrutinyGrab Holdings Ltd. and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in Southeast Asia’s competitive internet market.Discussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, according to people familiar with the situation. The unprofitable firms — the two biggest ride-hailing providers in Southeast Asia — have held on-and-off talks for years, targeting a combination that would reduce costs and competitive pressure in the region of more than 650 million consumers.Singapore’s Grab, backed by Uber Technologies Inc., and Indonesia’s GoTo, whose investors include Softbank Group Corp., have both made progress toward profitability following their stock-market debuts in recent years. But competition for users has kept prices in check and squeezed margins.In the years past, hurdles for a merger have included disagreements between the parties as well as potential antitrust obstacles caused by the companies’ dominance in markets such as Indonesia and Singapore. And the current talks may not lead to a transaction at all, said the people, asking not to be identified as the matter is private.A GoTo spokesperson declined to comment, while Grab representatives had no immediate comment when contacted by Bloomberg News. DealStreetAsia earlier reported the companies’ target of reaching a deal this year.What Bloomberg Intelligence SaysAdvancements in potential merger discussions between Grab and GoTo, reported by DealStreetAsia, effectively cement both firms’ market leadership amid intensified rivalry in the sector, but the deal will face tough regulatory scrutiny as the two are the top on-demand-service players in many of Southeast Asia’s key markets. Taxi operator Trans-Cab is entering Singapore ride-hailing, while foreign entrants such as Bolt, in-Drive and Lalamove Ride are shaking up the space, making headway in Indonesia, Malaysia and Thailand.-Nathan Naidu, analystShares of GoTo advanced as much as 6.2% in Jakarta on Tuesday, bringing their gain this year to more than 20%. Grab has declined about 4% in New York so far in 2025. Together, the companies’ market value approaches $25 billion, rivaling the capitalization of some of the biggest companies in Southeast Asia.While discussing a combination, the companies each have struck smaller deals in a bid to improve their finances. Grab has bought a supermarket chain in Malaysia and a reservation app in Singapore, while GoTo a year ago agreed to relinquish control of its loss-making e-commerce arm to ByteDance Ltd.’s TikTok in a $1.5 billion deal.Meanwhile, the companies’ growth has cooled dramatically from triple-digit rates in years past as customers in the region curb spending to cope with elevated inflation and interest rates. Demand is increasing at a slower pace as their customer base expands and consumers are less eager to hail a ride or get food delivered to their door in a challenging macroeconomic climate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":399994862391960,"gmtCreate":1738680030354,"gmtModify":1738680054057,"author":{"id":"4154530771349582","authorId":"4154530771349582","name":"Yung99","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4154530771349582","authorIdStr":"4154530771349582"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a> idx goto mgmt already send official letter to Indonesia&nbsp;authorize said it's hoax","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a> idx goto mgmt already send official letter to Indonesia&nbsp;authorize said it's hoax","text":"$Grab Holdings(GRAB)$ idx goto mgmt already send official letter to Indonesia authorize said it's hoax","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/399994862391960","isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":206547511812224,"gmtCreate":1691458355572,"gmtModify":1691458575003,"author":{"id":"4154530771349582","authorId":"4154530771349582","name":"Yung99","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4154530771349582","authorIdStr":"4154530771349582"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，your new investing superpower&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more&nbsp;</a>","listText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，your new investing superpower&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more&nbsp;</a>","text":"@TigerGpt TigerGPT，your new investing superpower Click to learn more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/206547511812224","isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4141429963588842","authorId":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"idStr":"4141429963588842","authorIdStr":"4141429963588842"},"content":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","text":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","html":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question."}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":399994862391960,"gmtCreate":1738680030354,"gmtModify":1738680054057,"author":{"id":"4154530771349582","authorId":"4154530771349582","name":"Yung99","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4154530771349582","authorIdStr":"4154530771349582"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a> idx goto mgmt already send official letter to Indonesia&nbsp;authorize said it's hoax","listText":"<a href=\"https://ttm.financial/S/GRAB\">$Grab Holdings(GRAB)$&nbsp;</a> idx goto mgmt already send official letter to Indonesia&nbsp;authorize said it's hoax","text":"$Grab Holdings(GRAB)$ idx goto mgmt already send official letter to Indonesia authorize said it's hoax","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/399994862391960","isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":206547511812224,"gmtCreate":1691458355572,"gmtModify":1691458575003,"author":{"id":"4154530771349582","authorId":"4154530771349582","name":"Yung99","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4154530771349582","authorIdStr":"4154530771349582"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，your new investing superpower&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more&nbsp;</a>","listText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt&nbsp;</a>TigerGPT，your new investing superpower&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more&nbsp;</a>","text":"@TigerGpt TigerGPT，your new investing superpower Click to learn more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/206547511812224","isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4141429963588842","authorId":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"idStr":"4141429963588842","authorIdStr":"4141429963588842"},"content":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","text":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","html":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":399997011284576,"gmtCreate":1738680455886,"gmtModify":1738680647351,"author":{"id":"4154530771349582","authorId":"4154530771349582","name":"Yung99","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4154530771349582","authorIdStr":"4154530771349582"},"themes":[],"htmlText":"Fyi, this is public document so not against any tos im aware, admin pls&nbsp;take it down if it's against tos","listText":"Fyi, this is public document so not against any tos im aware, admin pls&nbsp;take it down if it's against tos","text":"Fyi, this is public document so not against any tos im aware, admin pls take it down if it's against tos","images":[{"img":"https://community-static.tradeup.com/news/f70a7da870685ee6dfce6c84bcf970e0"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/399997011284576","repostId":"1191340946","repostType":2,"repost":{"id":"1191340946","kind":"news","pubTimestamp":1738676852,"share":"https://ttm.financial/m/news/1191340946?lang=&edition=fundamental","pubTime":"2025-02-04 21:47","market":"us","language":"en","title":"Grab Weighs Takeover of Rival GoTo at $7 Billion Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1191340946","media":"Bloomberg","summary":" $Grab Holdings(GRAB)$ is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, accelerating talks for a combination to end years of losses in Southeast Asia’s competitive in","content":"<html><head></head><body><p> <a href=\"https://laohu8.com/S/GRAB\">Grab Holdings</a> is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, accelerating talks for a combination to end years of losses in Southeast Asia’s competitive internet market.</p><p style=\"text-align: start;\">One scenario being discussed is an all-stock purchase valuing shares of Indonesia’s GoTo at more than 100 rupiah apiece, according to people familiar with the situation. That would represent a premium of about 20% over its current stock price level.</p><p style=\"text-align: start;\">Discussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, the people said. The firms — the two biggest ride-hailing providers in Southeast Asia — have held on-and-off talks for years, targeting a combination that would reduce costs and competitive pressure in the region of more than 650 million consumers.</p><p>Shares of Grab jumped about 7% in pre-market trading. Together, the companies’ market value approaches $25 billion, rivaling the capitalization of some of the biggest firms in Southeast Asia.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/20ba9bc81ab1608aa73876e9e692f690\" tg-width=\"414\" tg-height=\"400\"/></p><p style=\"text-align: start;\">Singapore’s Grab, backed by Uber Technologies Inc., and GoTo, whose investors include Softbank Group Corp., have both made progress toward profitability following their stock-market debuts in recent years. But competition for users has kept prices in check and squeezed margins.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ae88f3dfd1bbd9828ed6afb0ace0794f\" tg-width=\"1200\" tg-height=\"675\"/></p><p>In the years past, hurdles for a merger have included disagreements between the parties as well as potential antitrust obstacles caused by the companies’ dominance in markets such as Indonesia and Singapore. And the current talks may not lead to a transaction at all, said the people, asking not to be identified as the matter is private.</p><p>A GoTo spokesperson declined to comment, while Grab representatives had no immediate comment when contacted by Bloomberg News. DealStreetAsia earlier reported the companies’ target of reaching a deal this year.</p><p>A merger could result in cost savings, as the companies would be able to reduce user subsidies and integrate their back-end systems, Citigroup analysts including Alicia Yap and Ferry Wong said in a note.</p><p style=\"text-align: start;\">“They would also be able to reinvest into riders and merchants management to cross-sell financial services offering and increase advertising revenue,” the analysts said.</p><p style=\"text-align: start;\">While discussing a combination, the companies each have struck smaller deals in a bid to improve their finances. Grab has bought a supermarket chain in Malaysia and a reservation app in Singapore, while GoTo a year ago agreed to relinquish control of its loss-making e-commerce arm to ByteDance Ltd.’s TikTok in a $1.5 billion deal.</p><p style=\"text-align: start;\">Meanwhile, the companies’ growth has cooled dramatically from triple-digit rates in years past as customers in the region curb spending to cope with elevated inflation and interest rates. Demand is increasing at a slower pace as their customer base expands and consumers are less eager to hail a ride or get food delivered to their door in a challenging macroeconomic climate.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab Weighs Takeover of Rival GoTo at $7 Billion Valuation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab Weighs Takeover of Rival GoTo at $7 Billion Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-04 21:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grab Holdings is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, accelerating talks for a combination to end years of losses in Southeast Asia’s competitive internet ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191340946","content_text":"Grab Holdings is weighing a takeover of rival GoTo Group at a valuation of more than $7 billion, accelerating talks for a combination to end years of losses in Southeast Asia’s competitive internet market.One scenario being discussed is an all-stock purchase valuing shares of Indonesia’s GoTo at more than 100 rupiah apiece, according to people familiar with the situation. That would represent a premium of about 20% over its current stock price level.Discussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, the people said. The firms — the two biggest ride-hailing providers in Southeast Asia — have held on-and-off talks for years, targeting a combination that would reduce costs and competitive pressure in the region of more than 650 million consumers.Shares of Grab jumped about 7% in pre-market trading. Together, the companies’ market value approaches $25 billion, rivaling the capitalization of some of the biggest firms in Southeast Asia.Singapore’s Grab, backed by Uber Technologies Inc., and GoTo, whose investors include Softbank Group Corp., have both made progress toward profitability following their stock-market debuts in recent years. But competition for users has kept prices in check and squeezed margins.In the years past, hurdles for a merger have included disagreements between the parties as well as potential antitrust obstacles caused by the companies’ dominance in markets such as Indonesia and Singapore. And the current talks may not lead to a transaction at all, said the people, asking not to be identified as the matter is private.A GoTo spokesperson declined to comment, while Grab representatives had no immediate comment when contacted by Bloomberg News. DealStreetAsia earlier reported the companies’ target of reaching a deal this year.A merger could result in cost savings, as the companies would be able to reduce user subsidies and integrate their back-end systems, Citigroup analysts including Alicia Yap and Ferry Wong said in a note.“They would also be able to reinvest into riders and merchants management to cross-sell financial services offering and increase advertising revenue,” the analysts said.While discussing a combination, the companies each have struck smaller deals in a bid to improve their finances. Grab has bought a supermarket chain in Malaysia and a reservation app in Singapore, while GoTo a year ago agreed to relinquish control of its loss-making e-commerce arm to ByteDance Ltd.’s TikTok in a $1.5 billion deal.Meanwhile, the companies’ growth has cooled dramatically from triple-digit rates in years past as customers in the region curb spending to cope with elevated inflation and interest rates. Demand is increasing at a slower pace as their customer base expands and consumers are less eager to hail a ride or get food delivered to their door in a challenging macroeconomic climate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":399994509591016,"gmtCreate":1738680121261,"gmtModify":1738680177465,"author":{"id":"4154530771349582","authorId":"4154530771349582","name":"Yung99","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4154530771349582","authorIdStr":"4154530771349582"},"themes":[],"htmlText":"It's hoax goto mgmt already send it's official letter to Indonesia authorities&nbsp;","listText":"It's hoax goto mgmt already send it's official letter to Indonesia authorities&nbsp;","text":"It's hoax goto mgmt already send it's official letter to Indonesia authorities","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/399994509591016","repostId":"2508007771","repostType":2,"repost":{"id":"2508007771","kind":"highlight","pubTimestamp":1738654200,"share":"https://ttm.financial/m/news/2508007771?lang=&edition=fundamental","pubTime":"2025-02-04 15:30","market":"sg","language":"en","title":"Grab, GoTo Accelerate Merger Talks and Aim for Deal in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2508007771","media":"Bloomberg","summary":"Southeast Asia ride-hailing providers push for deal once moreRegional market leaders would face intense regulatory scrutinyGrab Holdings Ltd. and GoTo Group have accelerated merger talks and target a ","content":"<html><head></head><body><ul style=\"\"><li><p>Southeast Asia ride-hailing providers push for deal once more</p></li><li><p>Regional market leaders would face intense regulatory scrutiny</p></li></ul><p>Grab Holdings Ltd. and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in Southeast Asia’s competitive internet market.</p><p style=\"text-align: start;\">Discussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, according to people familiar with the situation. The unprofitable firms — the two biggest ride-hailing providers in Southeast Asia — have held on-and-off talks for years, targeting a combination that would reduce costs and competitive pressure in the region of more than 650 million consumers.</p><p style=\"text-align: start;\">Singapore’s Grab, backed by Uber Technologies Inc., and Indonesia’s GoTo, whose investors include Softbank Group Corp., have both made progress toward profitability following their stock-market debuts in recent years. But competition for users has kept prices in check and squeezed margins.</p><p style=\"text-align: start;\">In the years past, hurdles for a merger have included disagreements between the parties as well as potential antitrust obstacles caused by the companies’ dominance in markets such as Indonesia and Singapore. And the current talks may not lead to a transaction at all, said the people, asking not to be identified as the matter is private.</p><p>A GoTo spokesperson declined to comment, while Grab representatives had no immediate comment when contacted by Bloomberg News. DealStreetAsia earlier reported the companies’ target of reaching a deal this year.</p><blockquote><h3 id=\"id_3345539462\">What Bloomberg Intelligence Says</h3><p>Advancements in potential merger discussions between Grab and GoTo, reported by DealStreetAsia, effectively cement both firms’ market leadership amid intensified rivalry in the sector, but the deal will face tough regulatory scrutiny as the two are the top on-demand-service players in many of Southeast Asia’s key markets. Taxi operator Trans-Cab is entering Singapore ride-hailing, while foreign entrants such as Bolt, in-Drive and Lalamove Ride are shaking up the space, making headway in Indonesia, Malaysia and Thailand.</p><p>-Nathan Naidu, analyst</p></blockquote><p style=\"text-align: start;\">Shares of GoTo advanced as much as 6.2% in Jakarta on Tuesday, bringing their gain this year to more than 20%. Grab has declined about 4% in New York so far in 2025. Together, the companies’ market value approaches $25 billion, rivaling the capitalization of some of the biggest companies in Southeast Asia.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07244402388670d645fb0940306fa8b0\" tg-width=\"1200\" tg-height=\"675\"/></p><p>While discussing a combination, the companies each have struck smaller deals in a bid to improve their finances. Grab has bought a supermarket chain in Malaysia and a reservation app in Singapore, while GoTo a year ago agreed to relinquish control of its loss-making e-commerce arm to ByteDance Ltd.’s TikTok in a $1.5 billion deal.</p><p style=\"text-align: start;\">Meanwhile, the companies’ growth has cooled dramatically from triple-digit rates in years past as customers in the region curb spending to cope with elevated inflation and interest rates. Demand is increasing at a slower pace as their customer base expands and consumers are less eager to hail a ride or get food delivered to their door in a challenging macroeconomic climate.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab, GoTo Accelerate Merger Talks and Aim for Deal in 2025</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab, GoTo Accelerate Merger Talks and Aim for Deal in 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-04 15:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Southeast Asia ride-hailing providers push for deal once moreRegional market leaders would face intense regulatory scrutinyGrab Holdings Ltd. and GoTo Group have accelerated merger talks and target a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","GRAB":"Grab Holdings","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","SG9999013478.USD":"利安新加坡股息基金","BK4230":"旅客陆运","BK4122":"互联网与直销零售","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU2045819591.USD":"Natixis WCM Global Emerging Markets Equity R/A USD","BK4022":"陆运","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU2125910500.SGD":"Natixis WCM Global Emerging Markets Equity H-R/A SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD"},"source_url":"https://www.bloomberg.com/news/articles/2025-02-04/grab-goto-accelerate-merger-talks-and-aim-for-deal-in-2025?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2508007771","content_text":"Southeast Asia ride-hailing providers push for deal once moreRegional market leaders would face intense regulatory scrutinyGrab Holdings Ltd. and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in Southeast Asia’s competitive internet market.Discussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, according to people familiar with the situation. The unprofitable firms — the two biggest ride-hailing providers in Southeast Asia — have held on-and-off talks for years, targeting a combination that would reduce costs and competitive pressure in the region of more than 650 million consumers.Singapore’s Grab, backed by Uber Technologies Inc., and Indonesia’s GoTo, whose investors include Softbank Group Corp., have both made progress toward profitability following their stock-market debuts in recent years. But competition for users has kept prices in check and squeezed margins.In the years past, hurdles for a merger have included disagreements between the parties as well as potential antitrust obstacles caused by the companies’ dominance in markets such as Indonesia and Singapore. And the current talks may not lead to a transaction at all, said the people, asking not to be identified as the matter is private.A GoTo spokesperson declined to comment, while Grab representatives had no immediate comment when contacted by Bloomberg News. DealStreetAsia earlier reported the companies’ target of reaching a deal this year.What Bloomberg Intelligence SaysAdvancements in potential merger discussions between Grab and GoTo, reported by DealStreetAsia, effectively cement both firms’ market leadership amid intensified rivalry in the sector, but the deal will face tough regulatory scrutiny as the two are the top on-demand-service players in many of Southeast Asia’s key markets. Taxi operator Trans-Cab is entering Singapore ride-hailing, while foreign entrants such as Bolt, in-Drive and Lalamove Ride are shaking up the space, making headway in Indonesia, Malaysia and Thailand.-Nathan Naidu, analystShares of GoTo advanced as much as 6.2% in Jakarta on Tuesday, bringing their gain this year to more than 20%. Grab has declined about 4% in New York so far in 2025. Together, the companies’ market value approaches $25 billion, rivaling the capitalization of some of the biggest companies in Southeast Asia.While discussing a combination, the companies each have struck smaller deals in a bid to improve their finances. Grab has bought a supermarket chain in Malaysia and a reservation app in Singapore, while GoTo a year ago agreed to relinquish control of its loss-making e-commerce arm to ByteDance Ltd.’s TikTok in a $1.5 billion deal.Meanwhile, the companies’ growth has cooled dramatically from triple-digit rates in years past as customers in the region curb spending to cope with elevated inflation and interest rates. Demand is increasing at a slower pace as their customer base expands and consumers are less eager to hail a ride or get food delivered to their door in a challenging macroeconomic climate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}