Didi and SoftBank pour $2b into Grab

Underlining Southeast Asia's draw as a red-hot investment destination, the Chinese and Japanese tech giants are providing the bulk of the ride-hailing unicorn's newest fundraising.

Grab, the Singapore-headquartered on-demand ride services provider, has received a $2 billion injection from regional tech giants Didi Chuxing and Softbank Group, underlining Southeast Asia's growing draw for investors as companies and private equity funds scout around for better returns.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media