Macdonell J
:
Uber currently owns 14% of Grab's common stock, so Uber investors have already partially owned Grab shares. That could possibly be one of the reasons why Grab's share selldown in the recent days as investors are switching over to Uber from Grab to take advantage of the benefits of S&P 500 inclusion.
Matthew the Dino : Grab will also be acquired by funds
Macdonell J : Uber currently owns 14% of Grab's common stock, so Uber investors have already partially owned Grab shares. That could possibly be one of the reasons why Grab's share selldown in the recent days as investors are switching over to Uber from Grab to take advantage of the benefits of S&P 500 inclusion.