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
Add BT as a preferred source
Claudia Chong
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.
TRENDING NOW
Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering
Not in education, employment or training: Why more Hong Kong youths are opting out of work
With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
