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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Toyota still has the drive
Hurdles in DBS’ Alliance Bank bid
Metals keep shining bright
Retailers get a lift from Sara
iCents eyes Asean
Ringgit likely to trade within narrow range next week ahead of BNM OPR decision
Reading the market signals
Breathing new life into forgotten spaces
Urban harmony: Can stakeholders row together?
China’s gold rush continues

Others Also Read