Grab Shares Up Off Lows as Investors Watch Taiwan Deal Test
Grab Holdings Limited shares ticked up on Wednesday, as investors eyed the company's push into Taiwan. The stock, listed on Nasdaq, was last at $3.315, up $0.015. It moved in a range of $3.25 to $3.345 in the session. The shift from Tuesday didn’t come from earnings. Instead, Grab released a June 9 statement listing support promises for delivery partners and merchants in Taiwan as it looks to buy foodpanda Taiwan. That deal still needs the green light from regulators and must clear closing hurdles.