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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.....»»

Category: europeSource: fortuneDec 13th, 2018

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.....»»

Category: blogSource: benzingaFeb 25th, 2020

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......»»

Category: topSource: reutersFeb 25th, 2020

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......»»

Category: topSource: reutersNov 6th, 2018

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......»»

Category: topSource: marketwatchMar 11th, 2021

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......»»

Category: topSource: reutersAug 26th, 2019

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.....»»

Category: europeSource: fortuneMay 7th, 2019

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......»»

Category: topSource: moneycentralMar 28th, 2019

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......»»

Category: topSource: reutersMar 27th, 2019

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......»»

Category: topSource: marketwatchJun 13th, 2018

Toyota Plans Billion-Dollar Investment in Ride-Hailing Startup Grab

The deal is one of Toyota’s largest investments.....»»

Category: asiaSource: wsjJun 13th, 2018

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......»»

Category: smallbizSource: wsjJun 13th, 2018

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......»»

Category: topSource: moneycentralJul 15th, 2018

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......»»

Category: topSource: reutersSep 24th, 2018

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......»»

Category: topSource: reutersSep 24th, 2018

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......»»

Category: topSource: foxnewsSep 24th, 2018

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......»»

Category: topSource: reutersOct 5th, 2018

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......»»

Category: topSource: reutersOct 5th, 2018

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......»»

Category: topSource: reutersDec 21st, 2018

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......»»

Category: topSource: reutersDec 21st, 2018

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.....»»

Category: topSource: bizjournalsMay 18th, 2021