Grab eyes more funding, after raising US$4.5bil in SE Asia’s largest financing round


  • TECH
  • Wednesday, 06 Mar 2019

The GrabCar rental service is now live.

SINGAPORE: Grab is considering raising more funds from strategic investors, the president of South-East Asia's top ride-hailing firm said, after raking in over US$4.5bil (RM18.40bil) in the region's largest private financing round that included SoftBank's Vision Fund. 

The Singapore-based firm continues to see strong interest from global investors after securing nearly US$1.5bil (RM6.13bil) from the Vision Fund in a year-long round, Ming Maa told Reuters. 

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