SUBSCRIBERS
Grab gets additional US$300m in funding from Invesco
Add BT as a preferred source
Vivienne Tay &
Claudia Chong
Published Thu, Jun 27, 2019 · 09:50 PM
Singapore
RIDE-HAILING giant Grab has secured US$300 million in additional funding from global independent investment management company Invesco to further its expansion efforts in the region.
This brings Invesco's total overall investment to US$703 million, after a US$403 million investment in July 2018 made by OppenheimerFunds, an asset manager which Invesco has since acquired.
Copyright SPH Media. All rights reserved.
