Telegraph

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[Grab is reported to be negotiating to acquire financial technology company Atome Financial] On September 10, it was reported that people familiar with the matter revealed that Southeast Asian online ride-hailing and food delivery company Grab is negotiating to acquire a majority stake in financial technology company Atome Financial. The company is headquartered in Singapore and is part of Advance Intelligence Group. People familiar with the matter said the deal would value the company at more than $2 billion. Relevant discussions are still ongoing and no final decision has been made yet.

#TMT Industry Observation #Fintech #Online car hailing09-10 14:13