Jun 9, 11:48 AM

Grab Holdings Denies $7 Billion Talks to Acquire Southeast Asia Internet Peer GoTo Group

Grab Holdings, the Singapore-based technology company, has denied reports that it is in talks to acquire Indonesia's GoTo Group. Despite previous media speculation about a potential $7 billion acquisition of the Southeast Asian internet peer, Grab stated that it is not currently engaged in any discussions with GoTo. The company clarified that there have been no negotiations or talks underway at this time regarding a transaction with PT GoTo Gojek Tokopedia Tbk.

#Grab Holdings #Indonesia #GoTo Group #Southeast Asian #Grab #GoTo

Written with ChatGPT (GPT-4).

Sources

Reuters Tech News@ReutersTech
1 year ago
Singapore's Grab denies reports of talks with Indonesia's GoTo for a potential deal https://t.co/R9B5XG45cr https://t.co/R9B5XG45cr
Economic Times@EconomicTimes
1 year ago
Singapore's Grab not in talks with GoTo over a buyout https://t.co/chbNsPCcLP
Hardik Shah@AIStockSavvy
1 year ago
$GRAB | Grab Holdings not in any talks with GoTo at this time Grab Holdings: There have been media reports that we are engaged in discussions for a potential transaction with PT GoTo Gojek Tokopedia Tbk. The parties are not involved in any discussions at this time and Grab has https://t.co/bIZWsrnA4R

Grab Holdings Denies $7 Billion Talks to Acquire Southeast Asia Internet Peer GoTo Group

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