Grab plans to buy 60% of Atome for S$1.9 billion
The Straits Times reports that Grab is targeting a loan book of over US$6 billion in Southeast Asia by 2028 as part of its consumer lending ambitions.
TLDR
The Straits Times reports that Grab plans to acquire 60% of Singapore tech firm Atome for S$1.9 billion to boost its consumer lending business. Grab is targeting a Southeast Asian loan book of over US$6 billion by 2028, according to the report.
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