Grab Inc

Grab, one of Foodpanda's competitors is Singapore, is considered to be interested in the sale.

Oey joined Singapore-based Grab as CFO in April 2020 to lead the company’s financial operations.

"It might seem now that we’re jumping from a hot pandemic, to a hot war, hot prices and a hotter planet."

As Grab seeks a US IPO, don't forget tried-and-tested ComfortDelgro, whose stock has been ravaged by the pandemic.

This week: Grab & Gojek close in on terms of merger, Aedge launches IPO and more.

(June 7): Go-Jek, the Indonesian ride-hailing provider, has been offered at least US$1 billion ($1.3 billion) of new funding from existing investors eager to accelerate its overseas expansion, people with knowledge of the matter said.