Uber rival Grab is reportedly raising up to $2 billion from SoftBank and Didi

 Grab, the Uber rival in Southeast Asia that operates across seven countries, is reportedly in talks to raise up to $2 billion from Japan-based SoftBank and China-based Didi Chuxing, The Wall Street Journal reports, citing sources. The funding would reportedly value Grab at more than $5 billion, which would make it the most valuable startup in Southeast Asia. Read More

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