Home Tag "Grab"

Microsoft to invest in Southeast Asian ride-hailing firm Grab

Microsoft Corp is investing in Southeast Asian ride-hailing firm Grab as part of a partnership that the two companies said will allow them to collaborate on technology projects, including big data and artificial intelligence. Ed Giles reports SOURCE: Reuters   (8)

Grab gets financing from China’s Didi and Japan’s SoftBank

Grab will be getting some US$2.0 billion from Didi Chuxing and SoftBank Group to lead its current financing round. Grab anticipates that it will raise an additional US$500 million, bringing the total to US$2.5 billion in this round from existing and new investors. This is the largest single financing in the history of Southeast Asia. […]

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