Grab’s decision to opt for an SPAC listing rather than an IPO may seem strange to some, but it is a timely and strategic move, says Li Jianggan.
Indonesian unicorn Traveloka mulls SPAC merger to go public, following Tokopedia
Indonesian travel app Traveloka is evaluating a merger with a special purpose acquisition company (SPAC) as a possible option to go public, Reuters reported on Monday.