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Grab Taxi/ Image Credit: Edgar Su / Reuters

Grab, Uber’s Competitor, to Get $2.5 Billion in Funds

by Asharq Al-Awsat | Jul 26, 2017 | Technology

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...

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Middle-east Arab News Opinion | Asharq Al-awsat

Grab, Uber’s Competitor, to Get $2.5 Billion in Funds

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