Ride-hailing firm Grab, based in Singapore — which entered a deal to acquire Uber’s southeast Asia business in the first quarter — is reaching even farther into the region. The company said earlier this week that it would launch Grab Ventures, where it will invest...
August 02, 2018
Grab, a ride-hailing company in Southeast Asia, announced Thursday (August 2) it has raised an additional $1 billion from a handful of financial firms, bringing its total with the round to $2 billion. In a press release, Grab said OppenheimerFunds, Ping An Capital, Mirae Asset-Naver Asia Growth Fund, Cinda Sino-Rock Investment Management Company, All-Stars Investment, Vulcan Capital, Lightspeed […]
