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‘Super app’ Grab to go public in record $40bn Spac merger

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Singapore-headquartered firm offers one-stop shopstyle service, including ride hailing, banking and food delivery

South-east Asian “super app” Grab, which offers services from ride hailing and food delivery to online banking, is to float in the US in a record deal with a so-called Spac investment company that values the business at almost $40bn .

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