Grab secures US$1.46b investment from SoftBank Vision Fund; eyes growth in Indonesia

Ride-hailing firm Grab has secured US$1.46 billion of fresh funding from the SoftBank Vision Fund, bringing the total investment in its latest financing round to over US$4.5 billion.RIDE-HAILING firm Grab has secured US$1.46 billion of fresh funding from the SoftBank Vision Fund, bringing the total investment in its latest financing round to over US$4.5 billion.

Grab's president Ming Maa noted that there has been"strong interest" both in terms of capital invested and the quality of strategic partners seeking to support the company's development. Grab is now looking to rollout on its open platform, services including on-demand video in partnership with HOOQ, digital healthcare in partnership with Ping An Good Doctor, insurance in partnership with ZhongAn International, and hotel bookings in partnership with Booking Holdings.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Hongkong Land full-year 2018 earnings rise 9% to US$1.04bHONGKONG Land, a member of the Jardine Matheson Group, saw full-year earnings rise in 2018, boosted by higher property rents and its property development business in China and Singapore. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »

Power grab in Singapore's electricity market could spur consolidationAS Singapore Power's monopoly in the electricity retail market for households winds down completely in May, consolidation among the 13 retailers may be inevitable as they jostle for the 1.4 million accounts up for grabs. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »