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2 articles

U.S. Equities19d ago

Grab Stock Drops 10.8% on Vietnam Driver Protests, Atome Acquisition Concerns

The Southeast Asian ride-hailing platform fell sharply as Vietnamese drivers protested pay cuts and investors balked at a $2 billion-plus bid for buy-now-pay-later specialist Atome Financial.

U.S. Equities20d ago

Grab Stock Falls 10.8% on Vietnam Driver Protests, Atome Deal Concerns

Southeast Asian ride-hailing giant Grab faces multiple headwinds: driver protests in Vietnam, a reported $2 billion Atome Financial acquisition, and insider share sales from CEO Anthony Tan.