Grab to raise $2b in US IPO in second half of 2021, picks bankers: Report

Grab to raise $2b in US IPO in second half of 2021, picks bankers: Report

REUTERS/Iqro Rinaldi

Southeast Asia’s ride-hailing giant Grab plans to raise about $2 billion in an initial public offering (IPO) in the US and has picked Morgan Stanley and JP Morgan to work on the deal.