Altimeter Growth Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. Altimeter Growth Corp. was founded in in 2020 and is based in Menlo Park, California.
IPO Year: 2020
Exchange: NASDAQ
Website: altimetergrowth.com/AGC.html
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/1/2021 | $13.00 | Buy | New Street |
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Transaction closes amid continued growth and momentum in Grab's business fuelled by its ride-hailing, deliveries, and payments superapp Proceeds of US$4.5 billion represents the largest-ever U.S. public listing by a Southeast Asian company; US$4.0 billion PIPE is the largest ever raised Proceeds to fund continued expansion of Grab's superapp ecosystem and support Grab's mission to drive economic empowerment across Southeast Asia Bell ringing ceremony to be held in Singapore, Nasdaq's first such event in Southeast Asia Grab Holdings Limited ("Grab"), Southeast Asia's leading superapp1, today completed its previously announced business combination with Altimeter Growth Corp. (NASDAQ:
MENLO PARK, Calif., Nov. 30, 2021 /PRNewswire/ -- Altimeter Growth Corp. ("AGC" or "the company") (NASDAQ:AGC) today announced AGC shareholders approved the previously announced business combination with Grab, Southeast Asia's leading superapp, at an extraordinary meeting of shareholders today. Shareholder redemptions were effectively 0%, at 0.02%. Complete official results of the vote and shareholder redemption will be included in a Current Report on Form 8-K to be filed by AGC with the Securities and Exchange Commission (the "SEC"). As previously disclosed, the transaction is expected to close December 1, 2021, subject to the satisfaction or waiver of customary closing conditions. Follow
SINGAPORE AND MENLO PARK, Calif., Nov. 19, 2021 /PRNewswire/ -- Altimeter Growth Corp. ("AGC" or the "Company") (NASDAQ:AGC), a publicly traded special purpose acquisition company, today announced that the U.S. Securities and Exchange Commission ("SEC") has declared effective the registration statement of Grab Holdings Limited ("GHL") on Form F-4 (as amended, the "Registration Statement") relating to the Company's proposed business combination with Grab Holdings Inc. ("Grab"), Southeast Asia's leading superapp. AGC recommends its shareholders vote in favor of the proposed business combination and the related proposals described in the Company's definitive proxy statement dated November 19,
Gross Merchandise Value ("GMV") reached a new quarterly record of $4.0 billion, up 32% year-over-year ("YoY") in spite of a challenging operating environment Deliveries GMV grew 63% YoY; Grab expects a strong recovery in mobility heading into Q4 2021 Average spend per user1 on Grab's platform grew 43% YoY to hit a record high Revenue was $157 million, down 9% YoY, as a result of a decline in mobility due to the severe lockdowns in Vietnam Grab Holdings Inc., Southeast Asia's leading superapp, today announced financial results for the third quarter ended September 30, 2021. "Despite severe lockdowns in Vietnam and heightened restrictions across the region in the third quarter due t
Gross Merchandise Value reached an all-time high of $3.9 billion, up 62% year-over-year Adjusted Net Sales reached a new quarterly record of $550 million, increasing 92% year-over-year Revenue grew to $180 million, up 132% year-over-year Deliveries continues to outperform with 68% year-over-year growth in Adjusted Net Sales New report by NielsenIQ finds Grab1 to be the most-often used brand in Indonesia for online food delivery and ride-hailing; OVO2 is the most-often used e-wallet for payments Grab Holdings Inc., Southeast Asia's leading superapp, today announced financial results for the quarter ended June 30, 2021. The company posted record Gross Merchandise Value and Adjuste
Grab Holdings Inc. ("Grab"), Southeast Asia's leading superapp, announced that its management team is scheduled to present at the following virtual investor conferences. Attendance is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and schedule one-on-one meetings. Monday, August 9 (U.S.), Grab Chief Financial Officer Peter Oey will be presenting at the Cowen Internet & Media Bus Tour. Wednesday, August 11 (Asia), Peter Oey will be presenting at a Tellimer hosted forum, titled "Grab: The rise of the ASEAN Superapp". Wednesday, August 25 (Asia), Grab Head of Asia Investor Relations Ken Lek wil
Gross Bookings reached an all-time high of $21.9B, up 114% year-over-year Net income of $1.1 billion and Adjusted EBITDA of $(509) million Uber Technologies, Inc. (NYSE:UBER) today announced financial results for the quarter ended June 30, 2021. Financial Highlights for Second Quarter 2021 Gross Bookings grew 114% year-over-year ("YoY") to $21.9 billion, or 104% on a constant currency basis, with Mobility Gross Bookings of $8.6 billion (+184% YoY) and Delivery Gross Bookings of $12.9 billion (+85% YoY). Revenue grew 35% QoQ and 105% YoY, or 95% on a constant currency basis. Mobility Revenue grew 90% QoQ (and 11% QoQ excluding the UK accrual in Q1) and 106% YoY. Delivery Revenue grew
Q1 2021 Adjusted Net Sales reached an all-time high of $507 million and grew 39% year on year. Revenue presented in accordance with IFRS was $216 million, also a record for Grab Quarterly Adjusted EBITDA improved by $233 million year on year to $111 million Grab has filed a registration statement on Form F-4 with the U.S. Securities and Exchange Commission in connection with its proposed business combination with Altimeter Growth Corp. Provides updates on revenue presentation contained in the Form F-4 and proxy materials as well as post-merger Board of Directors Grab Holdings Inc., Southeast Asia's leading superapp, today announced financial results for the quarter ended March 31,
Grab Holdings Inc. ("Grab"), Southeast Asia's leading superapp, announced that its management team is scheduled to present at the following virtual investor conferences. Attendance is by invitation only for clients of each respective firm. Interested investors should contact their respective sales representative to register and schedule one-on-one meetings. Monday, May 24 (U.S.), Grab President Ming Maa and Chief Financial Officer Peter Oey will present in a "Fireside Chat" at the J.P. Morgan Global Technology, Media & Telecoms Conference. The Company will also host one-on-one meetings with institutional investors throughout the day. Tuesday, May 25 (Asia), Grab CEO Anthony Tan will mak
Expected to be the Largest-Ever U.S. Equity Offering by a Southeast Asian Company Grab is relied on for everyday needs in Southeast Asia and is the category leader for online food delivery, ride-hailing and digital wallet payments2 in the region Public listing will reinforce Grab's strong business momentum including Gross Merchandise Value of approximately US$12.5 billion in 2020, surpassing pre-pandemic levels The proposed transactions represent an expected equity value on a pro-forma basis of approximately US$39.6 billion and are expected to provide up to approximately US$4.5 billion in cash proceeds to Grab Proceeds include more than US$4.0 billion of fully committed PIPE led
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New Street initiated coverage of Altimeter Growth Corp. with a rating of Buy and set a new price target of $13.00
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