VENTURE FUNDS ·
Subscribers

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

4 -min read
Listen to this article

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.

Grab's president Ming Maa noted in a press statement that there has been "strong interest" both in terms of capital...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Purchase this article