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Grab to invest US$100m in Myanmar

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Since its debut in Yangon in March, Grab has grown to reach 25,000 bookings a day with more than 6,000 drivers.

Singapore

GRAB, South-east Asia's biggest ride-hailing app, plans to invest US$100 million in Myanmar as it extends its battle with Uber Technologies to capture exploding use of smartphones.

Grab will invest the money over the next three years and work with local governments to

sentifi.com

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