Nasdaq-listed Grab and Jakarta-listed GoTo, whose stocks are 60%+ below listing price, pare back "superapp" approach by cutting jobs and marginal business units (Mercedes Ruehl/Financial Times)



Mercedes Ruehl / Financial Times:

Nasdaq-listed Grab and Jakarta-listed GoTo, whose stocks are 60%+ below listing price, pare back “superapp” approach by cutting jobs and marginal business units  —  Grab and GoTo built big followings across south-east Asia but are now cutting marginal businesses



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