Ride-Hailing Startup Grab Raises $150 Million From Yamaha
Singapore-based Grab is teaming up with global giants to expand its reach after forcing Uber out of Southeast Asia earlier this year. Grab is attracting more global backers after the ride-hailin.....»»
Ride-Sharing Company Grab Raises $856M, Seeks To Expand Its Financial Services
SoftBank Group Corporation (OTC: SFTBY) backed Grab, a ride-hailing company operating in Southeast Asia, is raising more than $850 million from Japanese firms Mitsubishi UFJ Financial Group Inc read more.....»»
SoftBank-backed Grab raises $856 million from Japanese investors in financial services push
Southeast Asia's Grab said Japan's Mitsubishi UFJ Financial Group Inc (MUFG) and IT services firm TIS Inc have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services......»»
Hyundai raises Southeast Asia bet with second investment in Grab
Hyundai Motor Co has raised its stakes in growing Southeast Asian markets with a $250 million investment in Singapore's Grab, its second in the ride-hailing firm, as it chases rivals in the race for new-age transportation......»»
The Wall Street Journal: Ride-hailing startup Grab is in talks to go public through SPAC merger
Grab Holdings Inc. is in talks to go public through a merger with a SPAC that could value the Southeast Asian ride-hailing startup at as much as $40 billion, making it by far the largest such deal on record......»»
Exclusive: Ride-hailing firm Grab plans major investment in Vietnam - top executive
Singapore-based ride-hailing firm Grab is set to invest "several hundred million dollars" in Vietnam where the company sees its next major growth market, just weeks after it unveiled a $2 billion plan in Indonesia......»»
Term Sheet –Tuesday, May 7
On deals and dealmakers. PROFITABLE UNICORNS & MOREThe IPO hysteria continues. Ride-hailing startup Gett raised $200 million in a mix of debt and equity at a post-money valuation.....»»
Lyft said to raise $2.2 billion in IPO
Ride-hailing startup Lyft Inc raised $2.2 billion in its initial public offering on Thursday by pricing 30.77 million shares at $72, the top of its already elevated $70-$72 per share target range, according to a person familiar with the matter......»»
Lyft raises IPO price target as investor fret over missing out
Lyft Inc on Wednesday raised the price range for its initial public offering, as investors looked past the ride-hailing startup's mounting losses to the company's growing market share against larger rival Uber Technologies Inc......»»
The Wall Street Journal: Toyota to invest $1 billion in ride-hailing startup Grab
Toyota Motor Corp. said Wednesday that it plans to invest $1 billion in Southeast Asian ride-hailing firm Grab Inc......»»
Toyota Plans Billion-Dollar Investment in Ride-Hailing Startup Grab
The deal is one of Toyota’s largest investments.....»»
Toyota to Invest $1 Billion in Ride-Hailing Startup Grab
Toyota’s $1 billion investment in Southeast Asian ride-hailing firm Grab reflects CEO Akio Toyoda’s view that the company needs to expand beyond making cars to survive......»»
Uber rival Gett is said to mull sale of ride-share startup Juno
Gett Inc., the ride-hailing app that competes with Uber Technologies Inc., is weighing an exit from the U.S., just over a year after spending $200 million to enter the market......»»
Singapore competition watchdog fines Grab, Uber $9.5 million
Singapore's competition watchdog fined ride-hailing firms Grab and Uber Technologies a total S$13 million ($9.5 million) and announced other measures to address competition concerns arising from the two companies' merger in the city-state......»»
Singapore competition watchdog fines Grab, Uber $9.5 million over merger
Singapore's anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer......»»
Singapore fines Uber, Grab for "anti-competitive" merger
Singapore's competition watchdog has fined ride-hailing giant Uber and its regional rival Grab 13 million Singapore dollars ($9.5 million) for a merger in Southeast Asia that the agency says has driven up fares and reduced competition in the market......»»
Exclusive: SoftBank nearing $500 million investment in ride-hailing firm Grab - sources
SoftBank Group Corp is nearing a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia's biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said......»»
Exclusive: SoftBank deepening ties to ride-hailing firm Grab with $500 million funding - sources
SoftBank Group Corp is closing in on a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia's biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said......»»
SoftBank"s Vision Fund nearing $1.5 billion investment in SE Asia"s Grab -source
SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said......»»
SoftBank"s Vision Fund nearing $1.5 billion investment in SE Asia"s Grab: source
SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said......»»
Amount raises $100M at $1B valuation, becoming Chicago’s newest unicorn
A fintech startup that spun out of Chicago-based Avant has raised a mega-round of funding, valuing it at $1 billion and making it Chicago's latest "unicorn" company. Amount announced Tuesday that it raised $100 million in a Series D round led b.....»»