According to people familiar with the matter, Singapore-based ride-hailing software and food delivery giant Grab is considering the possibility of going public in the US this year after the company ended merger and acquisition negotiations with Indonesian rival Gojek.

The financing scale of this IPO is likely to reach at least 2 billion US dollars, which may set a record for overseas stock issuance by Southeast Asian companies.

According to the source, the plan, including the scale and schedule of the release, has not yet been finalized and will depend on market conditions.