PayPal Category

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 […]