Venture Houston 2018
Skip Content

17 July 2017

Grab to take up to $2bn in next round

The Southeast Asian ride hailing platform is reportedly in talks with SoftBank and Didi Chuxing to raise up to $2bn at a valuation of more than $5bn.

Author: Robert Lavine, News Editor

Singapore-based ride hailing platform Grab has entered talks with telecommunications group SoftBank and China-based on-demand ride service Didi Chuxing to raise up to $2bn, the Wall Street Journal reported on Friday.