Singapore- Seeking to extend its lead over Uber, southeast Asia based ride-hailing firm Grab announced it expects to raise $2.5 billion from Chinese peer Didi Chuxing and Japan’s SoftBank Group Corp and others. The pair will invest up to $2 billion. Grab said on...
Apple Inc said on Thursday it has invested 1 billion US dollars in Didi Chuxing, a Chinese ride-sharing company and a rival of Uber in China, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market. Noting...
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