Uber sells Southeast Asia business to Grab after costly battle
https://www.reuters.com/article/us-uber-grab/uber-sells-southeast-asia-business-to-grab-after-costly-battle-idUSKBN1H204K
Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said on Monday, marking the U.S. company's second retreat from an Asian market.
Uber sells Southeast Asia business to Grab after costly battle
Mar 26, 2018, 5:12am UTC
https://www.reuters.com/article/us-uber-grab/uber-sells-southeast-asia-business-to-grab-after-costly-battle-idUSKBN1H204K
>Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said on Monday, marking the U.S. company's second retreat from an Asian market.