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SoftBank-backed ride-hailing firm Grab announces layoffs
Southeast Asian ride-hailing and payments firm Grab announced hundreds of job losses on Tuesday due to the impact of novel coronavirus.
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SoftBank-backed Grab seeks another $2 billion funding in expansion drive
Grab is looking to raise another $2 billion this year to ramp up expansion, its CEO Anthony Tan told Reuters, just weeks after announcing over $4.5 billion of funding in what has become Southeast Asia's largest round of private financing.
SoftBank-backed Grab targets $2 billion more in funding this year in big business push
Grab aims to raise another $2 billion this year as it ramps up expansion, its chief executive said, just weeks after announcing over $4.5 billion of funding in what has become Southeast Asia's largest round of private financing.
Exclusive: Grab targets another $2 billion funding this year: CEO
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 ro...
Exclusive: Grab eyes more funding, after raising $4.5 billion in SE Asia's largest financing round
Grab is considering raising more funds from strategic investors, the president of Southeast Asia's top ride-hailing firm said, after raking in over $4.5 billion in the region's largest private financing round that included SoftBank's V...
Japan’s Hayabusa 2 team says spacecraft touches down on asteroid to grab sample
The shadow cast by the Hayabusa 2 probe and its solar panels makes an “H” shape on the surface of asteroid Ryugu during the buildup to a sample collection attempt. (JAXA Photo)
Japan’s successfully touched down today on asteroid Ryugu, about 170 mill...
Hyundai raises Southeast Asia bet with second investment in Grab
Hyundai Motor Co has raised its stakes in growing Southeast Asian markets with a $250 million investment in Singapore's Grab, its second in the ride-hailing firm, as it chases rivals in the race for new-age transportation.
Uber to appeal Singapore's competition watchdog decision on Grab deal
Uber Technologies Inc has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state's competition laws, the firm said on Monday.
Philippine watchdog fines Grab, Uber for rushed merger, drop in service quality
The Philippines' competition watchdog fined ride-hailing firms Grab and Uber Technologies on Wednesday, saying they consummated their merger too soon and that the quality of service dipped, becoming the second regulator in the region to penalize...
Microsoft to invest in Southeast Asian ride-hailing firm Grab
Microsoft Corp is investing in Southeast Asian ride-hailing firm Grab as part of a partnership that the two companies said will allow them to collaborate on technology projects, including big data and artificial intelligence.