Grab Holdings

These are the news highlights this week.

"Client demand is rising... We continue to evaluate it ... and engage on it." - Goldman Sachs' president on Bitcoin's popularity.

The company is seeking to expedite its listing process, according to people familiar with the matter.

The partnership will span across Singapore, Indonesia, Malaysia, Thailand, Vietnam and the Philippines.

UOBKH says it sees “little earnings impact” in the near term and assumes the digital bank will break even in four-to-five years.

DBS has upped its TP to $2.75 while CGS has maintained its TP at $3.10.

Week-on-week, the STI gained 1.1% from 2,805.95.

Four licences to operate digital banks in Singapore have been awarded by the Monetary Authority of Singapore (MAS) today.

With this acquisition, Bento will be rebranded as GrabInvest with products launched on the Grab app in the first half of the year in Singapore. GrabInvest will be the fifth core business vertical under Grab’s financial services arm, Grab Financial Group.

SINGAPORE (Sept 5): Southeast Asian ride-hailing startup Grab Holdings Inc intends to invest US$150 million ($207.5 million) into artificial intelligence research over the next year, accelerating its expanding business that now includes food delivery, dig