Southeast Asia’s Grab to Get $2.5 Billion Extra Firepower in Battle With Uber – New York Times

New York Times
SINGAPORE — Southeast Asian ride-hailing service Grab expects to raise $2.5 billion in a record round of fundraising to cement its lead over Uber Technologies Inc [UBER.UL] in the region and grow its payments platform. Southeast Asia has become a key …
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Grab gets $2B from Didi and SoftBank to fuel bid to defeat Uber in Southeast AsiaTechCrunch
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