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The Economic Times
The Economic Times
Anupam Nagar

Global Market: Grab executives buy over $30 million in shares after stock slump

Top executives of Grab Holdings bought more than $30 million worth of the Singapore-based ride-hailing and financial services company's shares this week after the stock fell to a more than three-year low following its agreement to acquire buy-now-pay-later provider Atome Financial, Reuters reported.

Grab shares have tumbled about 50% over the past year, falling to $2.74 on Friday, their lowest level since May 2023, according to Reuters.

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