Grab, the ride-hailing company Uber has a 27% stake in, wants to raise $2 billion

Grab, the ride-hailing company Uber has a 27% stake in, wants to raise $2 billion

5 years ago
Anonymous $syBn1NGQOq

https://www.cnbc.com/2019/04/08/grab-plans-to-raise-another-2-billion-in-funding-this-year-ceo-says.html

Grab expects to raise another $2 billion from strategic investors this year, the CEO of Southeast Asia's biggest ride-hailing firm said, just weeks after it announced funding of over $4.5 billion in the region's largest private financing round.

"We expect to raise $6.5 billion of total capital this year," Anthony Tan told Reuters in an interview on Monday.