Grab’s 70% tumble shows the limits of Singapore’s tech dream


SINGAPORE: In the ballroom of the five-star Shangri-La Singapore hotel, Anthony Tan celebrated a triumph for the country’s up-and-coming tech scene.

"Today we shine a spotlight on South-East Asia!” he told the adoring crowd. His company, Grab, the region’s answer to Uber, was about to make its stock market debut.

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Grab , Bad Times , Singapore , Tech Dream , Distant Dream

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