Monday, September 19, 2016

Grab raises US$750M in oversubscribed round led by SoftBank

It will use funds to expand growth into Indonesia and increase R&D After speculations*back in August of a sizeable fundraising round, Grab has announced that it has officially sealed the deal. A US$750M deal, that is. SoftBank led the expanded and oversubscribed round, with participation from existing and new investors. Grab plans to use the...
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