https://techcrunch.com/2018/10/29/grab-raises-200m-booking/ > Fresh from a strategic investment from Microsoft, Southeast Asia’s ride-hailing leader Grab is back in the money again after it closed $200 million in fresh capital from Booking Holdings, the travel firm formerly known as Priceline. > The investment is part of an ongoing round of funding that Grab said is on course to reach $3 billion before the end of the year. Grab raised $2 billion for the round — including a $1 billion check from Totoya — but it continues to add strategic partners, like Microsoft and Booking. Grab — which bought Uber’s regional business in March and is present in eight countries — is valued at $11 billion and we understand that hasn’t changed with this round.