Grab – A missed opportunity for Malaysia


PETALING JAYA: The news about South-East Asia’s first decacorn, Grab Holdings Inc, to be listed in the United States in a massive near-US$40bil (RM165.16bil) deal is a big loss for Malaysia.

“Super-app” Grab, known for its diversified services from ride hailing and food delivery to online banking, is a classic case of how a startup incubated in Malaysia was eventually lost to a neighbouring country.

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