Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said. Listing on Singapore Exchange would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its shares.
Many people are injured as a gunman opens fire at a FedEx facility before taking his own life.
Hyundai Motor Group said on Friday it has formed a new mobility division to launch more service models and named an outsider as its chief following his tenure with global tech giants such as Apple Inc and Microsoft. Song Chang-hyeon will lead the newly established Transportation-as-a-Service (TaaS) division, which will oversee mobility business for Hyundai Motor Co and Kia Corp, the parent company said in a statement. Besides working as an engineer with Apple and Microsoft, Song was the chief technology officer at South Korea's dominant web portal Naver, and also founded an autonomous transportation service startup, 42dot, which had Hyundai Motor and Kia as its early investors, according to the website.