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

  • ๐Ÿ“ฐ BusinessTimes
  • โฑ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • ๐Ÿ“Š Quality Score:
  • News: 13%
  • Publisher: 51%

Nigeria News News

Grab secures US$1.46b investment from SoftBank Vision Fund; eyes growth in Indonesia
Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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. Read more at The Business Times.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessTimes /  ๐Ÿ† 15. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: BusinessTimes - ๐Ÿ† 15. / 51 Read more ยป

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.
Source: BusinessTimes - ๐Ÿ† 15. / 51 Read more ยป