Factbox: Grab, Southeast Asia's biggest startup, set for bumper U.S. listing


FILE PHOTO: A woman uses her phone near a sign for the online ride-hailing service Grab at the Manggarai train station in Jakarta, Indonesia July 3, 2017. REUTERS/Agoes Rudianto/File Photo

SINGAPORE (Reuters) - Grab, Southeast Asia's biggest ride-hailing and food delivery firm, is going public in the United States via a merger with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion.

The deal is set to be the world's biggest ever by a blank check company.

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