Editor’s take: The week that was — Nov 29 - Dec 4

In one of the most significant developments in unicorn land, Southeast Asia’s biggest ride-hailing and delivery firm Grab made its much-awaited stock market debut on Nasdaq on Thursday. The listing was slated to mark a high point for the nine-year-old company but its shares fell 21% to $8.75 on its first trading day. Its tepid stock performance is being seen as a warning to other startups in the region to target “more realistic valuations” as they carve out their IPO plans.