Grab Holdings Inc, a super-app from Singapore, officially announced the initial public offering (IPO) plan on the Nasdaq exchange, United States (US). It operates in 8 countries in South East Asia and in more than 400 + cities. Despite covid in 2020, Grab still managed to see growth in its topline. With the proceeds, Grab will use the capital "to build the lowest cost and the most efficient delivery network" by investing in maps and other technology as well as "to revolutionize mobile payments, financial services and digital banking.
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