Singapore-headquartered Grab is seeking a loan of up to $2 billion to support its potential takeover of Indonesia's GoTo, Bloomberg News reported on Wednesday citing people familiar with the matter.

Stay updated on market trends for GRAB. Singapore's Grab Eyes $2 Billion Loan To Finance $7 Billion GoTo Deal Uber and Grab Holdings discussed a $2 billion loan for takeover of Indonesian rival.

including Grab Holdings' (GRAB) reported acquisition attempt of GoTo Group, Barclays' downgrade of PepsiCo (PEP) stock, and Goldman Sachs' upgrade of fashion brand Ralph Lauren (RL). To watch more ...

SINGAPORE: Singapore-based ride-hailing and delivery company Grab Holdings is reportedly in talks to secure up to US$2 billion (S$2.68 billion) in loans to support its possible takeover of Indonesia’s ...

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Grab operates mostly in emerging markets, which should see above-average GMV growth in the short to mid term relative to developed peers.