Grab has announced that it recently raised $2 billion from Didi Chuxing and SoftBank Group in the largest–ever venture fundraising in Southeast Asia, said reports.
Uber rival, Grab, boosts R&D strategy
Ride-hailing firm Grab, the main rival of Uber in Southeast Asia, has recently announced plans to build two new research and development (R&D) centres and add 800 developers over the coming two years.