Grab raises 700M in debt to add more drivers to its ride-hailing service in Southeast Asia

Get the Full StoryGrab is in the process of raising 2.5 billion for it ride hailing service in Southeast Asia, but that hasn’t stopped the Uber rival from tapping banks for 700 million in debt facilities to develop its business. The Singapore-based company said it had pulled in the financing from “leading global and regional banks” to expand its car rental fleet in Singapore and Indonesia,… Read More

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