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September 28, 2017 06:07 am GMT
Grab, Uber’s main rival in Southeast Asia, has made a move into dock-less bikes after the company quietly backed oBike. Singapore-based Grabinvested in oBike — which was started in Singapore by Chinese founders and is present in 30 cities — as part of a $45 million Series B round that was announced in August, a source with knowledge of the deal told TechCrunch.… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ATH0CFr0ppg/
Uber rival Grab quietly backed dock-less bike service oBike
Grab, Uber’s main rival in Southeast Asia, has made a move into dock-less bikes after the company quietly backed oBike. Singapore-based Grabinvested in oBike — which was started in Singapore by Chinese founders and is present in 30 cities — as part of a $45 million Series B round that was announced in August, a source with knowledge of the deal told TechCrunch.… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/ATH0CFr0ppg/
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