Uber’s Southeast Asia rival Grab gets $2 billion stronger
Uber’s global competition just got fiercer. Didi Chuxing, the Chinese ride-hailing behemoth that pushed Uber out of China, is further bankrolling its Southeast Asia competitor, Grab. On Monday, Grab said it raised a fresh $2 billion from SoftBank, a Japan-based conglomerate, and Didi, which bought Uber’s China business last August. That deal was reportedly valued […]