Grab gets $2B from Didi and SoftBank to fuel bid to defeat Uber in Southeast Asia

Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing from existing investors Didi Chuxing, the company that defeated Uber in China, and SoftBank. Didi said the round could expand by $500 million more with input from other existing backers and new investors, too. A Grab representative … Continue reading Grab gets $2B from Didi and SoftBank to fuel bid to defeat Uber in Southeast Asia