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Grab takes in US$1.46b more to feed Super App ambition in SEA

Latest investment from SoftBank fund; other recent investors include Toyota, Hyundai, Microsoft and Ping An Capital

Claudia Chong

Claudia Chong

Published Wed, Mar 6, 2019 · 09:50 PM
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Singapore

RIDE-HAILING firm Grab has secured US$1.46 billion of fresh funding from the SoftBank Vision Fund, bringing the total investment in its latest ongoing financing round to over US$4.5 billion.

Other investors in this Series H round include Toyota Motor Corporation, Oppenheimer Funds, Hyundai Motor Group, Booking Holdings, Microsoft Corporation, Ping An Capital and Yamaha Motor.

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