Investors Eye Spotify Listing; Regulators Eye Grab-Uber Deal
The Morning Run Crew
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The Morning Run crew discusses Spotify's upcoming listing. The company has opted for an unconventional listing route and it will interesting to see how the stock performs when it lists, especially with all the market volatility around tech stocks in the US.
5:36 - The Philippines and Malaysia have said that they will look into whether Uber’s move to sell its Southeast Asian business to rival Grab hinders competition. This comes days after Singapore began a probe into the deal on similar concerns.
10:17 - Ananda Krishnan is said to be mulling over selling his Tropical Islands Resort in Brandenburg, which houses the world’s largest indoor rainforest. Bloomberg reported that they have held talks with some potential buyers for the project and the price tag could fetch as much as €300 million (over RM1.4 billion).
Presented by: Joyce Goh, Melisa Idris, Sharaad Kuttan
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Tags: Spotify, NYSE, Uber-Grab Merger, Ananda Krishnan, Tropical Islands Resort, Indoor Rainforest