HANOI: Vietnamese ride-hailing startup Be Group JSC says it has received a loan facility of at least US$60mil (RM268mil) as it seeks to further challenge Grab Holdings Ltd in the South-East Asian country.
The loan from Deutsche Bank AG includes a provision that would allow financing to increase to as much as US$100mil (RM448mil), Be Group’s chief executive officer Vu Hoang Yen said in an interview.
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