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December 28, 2018 08:35 am GMT

Grab raises fundraising target to $5B as Southeast Asias ride-hailing war heats up

Southeast Asian ride-hailing firm Grab is aiming to start the new year with a bang and an awful loadof bucks. The company, which acquired Uber’s local business earlier this year, is planning to raise as much as $5 billion from its ongoing Series H round, up from an original target of $3 billion, a sourcewith […]

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