Grab and GoTo aim to reach merger deal this year

The companies see 2025 as an opportune year for a deal. — Bloomberg

KUALA LUMPUR: Grab Holdings Ltd and GoTo Group have accelerated merger talks and target a deal this year, seeking to end years of losses in South-East Asia’s competitive Internet market.

Discussions had intensified in recent weeks and the companies see 2025 as an opportune year for a deal, said sources.

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GrabGoTo , MergerTalks , RideHailing , TechConsolidation , MarketCompetition , Ecommerce

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