Southeast Asia's Grab ups capital-raising target by $2b
Southeast Asian ride-hailing and online-to-offline (O2O) services platform Grab has confirmed it will seek to raise an additional $2 billion within 2019, bringing its ongoing Series H round to some $6.5 billion.
It follows a $1.5 billion commitment last month from SoftBank Vision Fund, which brought the Series H to the $4.5 billion mark. The round, which has been dominated by corporates the likes of Toyota Motor...
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