BusinessNews brief

Grab’s wild shopping spree takes a sensible turn

NewsJaws News FeedSource-attributed news briefs
1 min read

The Southeast Asian ride-hailing group's shares have plunged 40% this year despite buybacks as it snapped up a US investment app, a robot startup and more. Its latest $1.5 bln Atome deal pushes into consumer finance. Deferring part of the payment softens some of the blow.

Read the original report at Reuters.

Sources and context

Reuters

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-16. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.