Korean retailer Shinsegae invests in Southeast Asia's Grab
Korean retailer Shinsegae has invested in ride-hailing and online-to-offline services (O2O) platform Grab, as financial and strategic players from Korea and Japan continue their push into Southeast Asian technology unicorns.
Shinsegae didn’t disclose the size of the investment, which came via Signite Partners, a corporate venture capital unit established last year. Grab is currently raising a Series H round that is expected...
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