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2 mins read
Ride-hailing giant Grab slumps 23% in its Nasdaq trading debut after blockbuster SPAC deal
Grab in April agreed to a mega SPAC merger with Altimeter Growth, valuing the Southeast Asian ride-…
Isabelle Lee
8 mins read
How Grab, Asia's Uber, stumbled before and after its $40 billion SPAC, with pandemic layoffs and a teary all-hands with its CEO
Grab was a poster child for how Southeast Asia could match — or at least ape — Silicon Valley innov…
Weilun Soon
2 mins read
Singaporean ride-hailing giant Grab is reportedly set to list in the US via a SPAC merger at a $35 billion valuation
The rideshare giant Grab could raise $2.5 billion in a merger with the SPAC Altimeter Growth 1, acc…
Will Daniel
1 min read
Altimeter SPACs surge on reported $40 billion deal for Singapore ride-hailing company Grab
If the $40 billion deal between Grab and Altimeter goes through, it would make for the largest SPAC…
Matthew Fox
2 mins read
Singapore-based Grab is set to make its Nasdaq debut, months after agreeing to go public in the largest-ever SPAC merger
Founded as a ride-hailing service, Grab has since expanded to include delivery, shopping, and more.…
Lina Batarags
1 min read
Grab, the food-delivery giant backed by SoftBank, is going public in the US via the largest-ever SPAC merger, valuing it at $40 billion
Grab, the food-delivery giant backed by SoftBank, plans to go public in the US via a SPAC merger wi…
Grace Dean
2 mins read
SPACs could drive $900 billion of dealmaking over the next 2 years despite the boom slowing, Goldman says
The SPAC boom has cooled in the second quarter, but Goldman said blank-check companies will keep po…
Harry Robertson
2 mins read
Billionaire investor Bill Ackman trumpeted his Universal Music deal, nodded to his Reddit fans, and invited company sellers to call him in a presentation this week. Here are the 8 best quotes.
The Pershing Square chief compared Universal CEO Lucian Grainge to Steve Jobs and Walt Disney in te…
Theron Mohamed
2 mins read
The $166 billion of SPAC deals in the 1st quarter exceeds all of 2020
Mergers conducted through SPACs are taking a bigger bite of the overall M&A market, according to a …
Carla Mozée
2 mins read
NBCUniversal ad boss Linda Yaccarino is getting a new role
Here are the top media and advertising stories from Business Insider for October 13.
Lauren Johnson
4 mins read
Wall Street rising stars — SPAC power players — KPMG layoffs
Wall Street rising stars, top SPAC bankers and lawyers, KPMG layoffs, Goldman consumer and wealth s…
Meredith Mazzilli
3 mins read
SPAC power players — Goldman nabs GM credit cards— The next hot alt-data set
The top finance stories for October 2, including the latest news on the key people handling SPACs a…
Dan DeFrancesco
3 mins read
How NY's Judge Engoron is tightening the leash on Trump ahead of looming Truth Social merger and fraud judgement deadline
With a Truth Social merger and a half-billion-dollar civil judgment looming, Trump's tumultuous fin…
Laura Italiano
5 mins read
TikTok's time in the US could soon be on the clock, and that's not the app's only problem
ByteDance will undoubtedly put up a legal fight over the law, and will also have a year to find a s…
Dan DeFrancesco
2 mins read
Short seller Jim Chanos ramped up his bet against Tesla last quarter - and placed new wagers against AMC and Trump-linked DWAC
The veteran investor bought bearish put options on a bunch of meme stocks, crypto companies, and hi…
Theron Mohamed
5 mins read
There are 2 kinds of people in the stock market right now: People who are in on the joke and people who aren't
When silly sells on Wall Street, expect just about everyone to start slinging it. If this is your f…
Linette Lopez
2 mins read
What Google's anti-tracking moves mean for advertisers
Insider's top advertising and media stories for March 4.
Lauren Johnson
1 min read
Etsy rises after Elon Musk tweets about how he 'kinda loves' the online marketplace for independent creators
Although Musk didn't comment on Etsy's financial prospects, its stock soared within minutes of his …
Shalini Nagarajan
2 mins read
Goldman's new partners — Top legal-tech investors — Schonfeld's pitch to investors
The top finance stories for November 13, including the latest news on Goldman Sachs latest crop of …
Dan DeFrancesco
2 mins read
Churchill Capital IV jumps 28% amid hopes it's nearing a deal to acquire Lucid Motors
Shares of Churchill Capital Corp. IV moved on investors' hopes that a long-rumored merger with EV m…