Reuters sources say the firm is considering the move amid robust investor appetite for I pose.

One source says the offering could raise $2 billion likely making it the largest overseas share sale by a Southeast Asian company.

The size and timing off any issue haven't been finalized on There was no comment from the firm.

GRAB has expanded rapidly since it was founded in 2012 as a Malaysian right hailing venture.

It's now the region's most valuable startup, worth more than $16 billion.

Backers include Japan's Softbank Group and Mitsubishi U F J Financial Grab now also offers financial services and has a digital banking license in Singapore.

It says its ride hailing services are breaking even in a low markets, with food delivery set to do the same by the end of this year.