Ride-hailing startup Grab considering $2 bn US IPO this year: Report

Singapore-based ride-hailing and food delivery startup Grab is considering to list in US this year, Reuters reported. The IPO could raise at least $2 billion, which would make it the largest overseas share offering by a Southeast Asian company, the report said. Founded in 2012, Grab has been backed by the SoftBank Group and is valued at over $16 billion.