Ride-Hailing Giant Grab Set for U.S. Trading Debut

The video discusses a major SPAC deal valued at $40 billion, recently approved by shareholders, and its trading debut on NASDAQ. The deal faced delays due to SEC audits. The company, originally known as Grab Taxi, faces challenges from COVID-19 variants affecting its operations in Southeast Asia. Despite revenue declines and increased net losses, analysts remain optimistic about its market leadership and future valuation.

What was the net loss reported by the company in the third quarter?

What is the projected valuation of the company as mentioned in the text?