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July 24, 2017 03:05 am GMT
Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing from existing investors Didi Chuxing, the company that defeated Uber in China, and SoftBank. Didi said the round could expand by $500 million more with input from other existing backers and new investors, too. A Grab representative confirmed that SoftBank’s Vision fund is not… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/K1Ru_vgFdxE/
Grab gets $2B from Didi and SoftBank to fuel bid to defeat Uber in Southeast Asia
Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing from existing investors Didi Chuxing, the company that defeated Uber in China, and SoftBank. Didi said the round could expand by $500 million more with input from other existing backers and new investors, too. A Grab representative confirmed that SoftBank’s Vision fund is not… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/K1Ru_vgFdxE/
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