grab Category

April 8, 2019

Grab seeks another $2 billion for expansion across Southeast Asia

Grab is looking to raise another $2 billion this year to ramp up expansion, just weeks after announcing over $4.5 billion of funding.

April 8, 2019

Grab plans to raise $2B more this year to fund an acquisition spree in Southeast Asia

Always be raisin’. That appears to be the motto of Southeast Asia’s ride-hailing companies Grab and Go-Jek. Fresh from closing a near-$1.5 billion raise from SoftBank’s Vision Fund as part of a huge, multi-billion Series H deal, Grab said today that it plans to extend the round to $6.5 billion to amp up its battle […]

March 30, 2019

Ride-hailing, bike and scooter companies probably raised less money than you thought

Jason Rowley Contributor Jason Rowley is a venture capital and technology reporter for Crunchbase News. More posts by this contributor To get big faster, younger unicorns start buying startups sooner Small VC funds continue to raise, despite pressure from above After years of fierce competition as private companies, Uber and Lyft are going public on U.S. markets. […]