Automotive giant is the lead investor for the mobile platform’s new round of financing.
No entrepreneur in Southeast Asia has ever raised as much funding for their company as Malaysian Anthony Tan has. His challenge will now be to justify the valuation accorded to him.
After 4 years of fierce battle with Uber, Grab takes over its assets and now gears up for its next battle in Southeast Asia.
By the end of 2019, SEA will have 460 million internet users and US$10 billion raised in private tech funding.
A report by Credit Suisse reveals that the entry of Chinese tech giants into the Asean region is helping develop its e-commerce and payments sectors.
Moving ahead, the next revolution for SIM cards would be embedded SIM or eSIM in short.
So Grab raises a record breaking US$750mil. Is an IPO option the only path available with a trade sale not likely?
Singapore-based KK Fund has closed an undisclosed amount for its second venture fund, with the brother of Softbank founder Masayoshi Son being one the Japanese investors in the round, reports Karamjit Singh.
GrabTaxi, Didi Kuaidi, Lyft and Ola have announced partnerships that expand the global rideshare agreement Lyft and Didi Kuaidi formed in September.
Singapore-based startup blog Tech in Asia said it has secured a total of US$4 million in funding, led by the SB ISAT Fund which counts SoftBank and Indosat as partners.