Grab
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Uber-Grab deal is being examined by the Philippines competition watchdog
Apr 2, 2018The Philippines competition watchdog said on Monday it is looking at whether the deal by Uber Technologies to sell its Southeast Asia business to rival Grab will substantially reduce competition, reports Reuters. “The Grab-Uber acquisition is... -
The sale of Uber’s Southeast Asian business to Grab may have infringed competition rules
Mar 31, 2018The sale of Uber’s Southeast Asian business to Singapore-based rival Grab may have infringed competition rules, a Singapore watchdog said on Friday, imposing restrictions on the deal while it carries out an investigation. The sale announced... -
Uber agreed to sell its Southeast Asian business to bigger regional rival Grab
Mar 25, 2018Ride-hailing firm Uber Technologies has agreed to sell its Southeast Asian business to bigger regional rival Grab, a source with direct knowledge of the matter said on Sunday, in what would be the U.S. company’s second... -
Ride-hailing firm Grab expects to raise $2.5 billion in financing
Jul 24, 2017News Hour: Southeast Asian ride-hailing firm Grab said on Monday it expects to raise $2.5 billion in financing, mostly from China’s Didi Chuxing and Japan’s Softbank, as it strengthens its lead over rival Uber. Didi, China’s... -
Uber’s biggest rival in Southeast Asia, Grab raised $2 billion in funding from SoftBank Group and Didi Chuxing
Jul 14, 2017News Hour: Grab, Uber Technologies Inc’s biggest rival in Southeast Asia, is raising as much as $2 billion in funding from Japan’s SoftBank Group and China’s top ride-hailing firm Didi Chuxing, the Wall Street Journal reported...
