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20 September 2016

SoftBank makes Grab in $750m round

Ride hailing service Grab has closed a $750m series F round led by SoftBank that likely includes existing backer Didi Chuxing.

Author: Robert Lavine, News Editor

Telecommunications and internet group SoftBank led an oversubscribed $750m series F round for Singapore-headquartered ride ordering platform operator Grab today that included undisclosed existing investors.