TOKYO/SINGAPORE (Reuters) – Toyota Motor Corp’s trading arm became the latest participant in ride-hailing firm Grab’s current financing round that is expected to raise $2.5 billion, led by Chinese peer Didi Chuxing and Japan’s SoftBank Read more…
SINGAPORE (Reuters) – Ride-hailing firm Grab, the main Southeast Asian rival of Uber Technologies Inc, said it would commit $100 million over the next three years to deepen its presence in Myanmar, grow to more Read more…
Ride-hailing company Grab has announced the launch of GrabNow, a service that enables passengers in Singapore to flag down and connect instantly with a GrabTaxi driver via the Grab app. To use GrabNow, passengers need Read more…
KUALA LUMPUR (Reuters) – Malaysia’s parliament on Thursday passed two bills that will legalize e-hailing services, as ride-hailing firms Grab and Uber Technologies race to expand in the region. Grab expects to raise $2.5 billion Read more…
Ride-hailing platform Grab has announced its next phase of expansion in Myanmar with new investments in technology, driver care and local partnerships to improve the user experience and expand Grab’s ride-hailing service in Yangon. Grab Read more…
First Uber lost China, then Russia, and now it looks as if Southeast Asia may go the same way. I am sure that Brazil and India are taking feverish notes. SoftBank and Didi are investing Read more…
SINGAPORE (Reuters) – Ride-hailing firm Grab expects to raise $2.5 billion to spend extending its lead over Uber Technologies and expanding into financial services, in the latest injection of funds into Southeast Asia’s burgeoning tech Read more…
REUTERS – Grab, Uber Technologies’ biggest rival in Southeast Asia, is raising as much as $2 billion in funding from Japan’s SoftBank Group and China’s top ride-hailing firm Didi Chuxing, the Wall Street Journal reported Read more…
SINGAPORE (Reuters) – Grab, Uber Technologies’ biggest ride-hailing competitor in Southeast Asia, is likely to kick off a fresh round of fundraising “in the near future” as it seeks to develop offerings such as financial Read more…
SINGAPORE (Reuters) – Southeast Asian ride-hailing firm Grab on Monday said it has agreed to buy Indonesian online payment startup Kudo, marking the first investment under a recently announced plan to commit $700 million to Read more…
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