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Grab Co-Founder on Altimeter SPAC Merger, App Strategy

Grab co-founder Hooi Ling Tan says the ride-hailing company’s super-app strategy is more resilient to Covid-19 threats and sees huge growth opportunities in Southeast Asia. She speaks on “Bloomberg Markets.”

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Grab co-founder Hooi Ling Tan says the ride-hailing company’s super-app strategy is more resilient to Covid-19 threats and sees huge growth opportunities in Southeast Asia. She speaks on “Bloomberg Markets.”

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5 Comments

5 Comments

  1. Hecticam

    December 2, 2021 at 6:05 pm

    After squeezing out some competition, they began hiking fees to absurd proportions.
    Kinda like they forgot other competitors still exist and the sentiment shifted away from them quite a bit.
    This was how many people I know of started exploring their competitors, who did catch up very swiftly.
    How did that strategy play out for them?

    • hh 06

      December 2, 2021 at 8:20 pm

      They first copied Uber, then Tencent

    • kashvin magandran

      December 2, 2021 at 10:11 pm

      shoppefood vs grab

  2. temporaryname101

    December 2, 2021 at 7:38 pm

    they need to do something about share price. many drivers bought a few shares hoping to bne rewarded and all it did was drop by 25%

  3. Denden Comendador

    December 2, 2021 at 10:09 pm

    Usually order food via grab here in the philippines

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Bloomberg Technology

SpaceX Soars On Third Trading Day, Seals Cursor Takeover | Bloomberg Tech 6/16/2026

Bloomberg’s Ed Ludlow tracks SpaceX’s value eclipsing Amazon’s, this as it lands its $60 billion takeover of Cursor. Plus, Anthropic meets with US officials to resolve a national security dispute with the Trump administration over its most advanced AI models. And, Sequoia Partner Shaun Maguire talks about the AI landscape and why he never wants…

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Bloomberg’s Ed Ludlow tracks SpaceX’s value eclipsing Amazon’s, this as it lands its $60 billion takeover of Cursor. Plus, Anthropic meets with US officials to resolve a national security dispute with the Trump administration over its most advanced AI models. And, Sequoia Partner Shaun Maguire talks about the AI landscape and why he never wants to sell his SpaceX shares.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:24 – Natasha Mascarenhas, Bloomberg News
00:12:52 – Mike Shepard, Bloomberg News – Anthropic security dispute
00:16:19 – Tyler Kendall, Bloomberg News – G7 leaders debate AI regulation
00:18:53 – Ali Ghodsi, Databricks – AI expansion and IPO outlook
00:21:24 – Talking Tech – Kalshi, Robinhood, and Xbox headlines
00:23:17 – Isabelle Lee, Bloomberg Markets – SpaceX rally and ETF frenzy
00:24:59 – Shaun Maguire, Sequoia Capital – AI compute and cloud infrastructure
00:39:47 – Shaun Maguire, Sequoia Capital – SpaceX’s orbital compute vision
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO

Sara Araghi, portfolio manager at Franklin Templeton – which backed SpaceX long before its IPO – says SpaceX cementing its $60 billion takeover of Cursor so quickly “makes sense” considering the company’s AI ambitions. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest…

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Sara Araghi, portfolio manager at Franklin Templeton – which backed SpaceX long before its IPO – says SpaceX cementing its $60 billion takeover of Cursor so quickly “makes sense” considering the company’s AI ambitions. She joins Ed Ludlow on “Bloomberg Tech.”
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I Will Hold My SpaceX Shares Forever, Says Sequoia’s Maguire

Shaun Maguire, Sequoia Capital Partner and SpaceX investor, joins to discuss SpaceX’s IPO and what it means for venture capital investing, SpaceX’s plans for orbital data centers and his thoughts on upcoming mega-AI IPOs. Sequoia owns just under 1.5% of Elon Musk’s company. He sits down with Ed Ludlow on “Bloomberg Tech.” ——– Like this…

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Shaun Maguire, Sequoia Capital Partner and SpaceX investor, joins to discuss SpaceX’s IPO and what it means for venture capital investing, SpaceX’s plans for orbital data centers and his thoughts on upcoming mega-AI IPOs. Sequoia owns just under 1.5% of Elon Musk’s company. He sits down with Ed Ludlow on “Bloomberg Tech.”
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