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Grab gets another US$1 bn to fund ride-hailing battle

August 02, 2018

GRAB, SOUTHEAST Asia's leading ride-hailing service, raised US$1 billion from investors including OppenheimerFunds, Ping An Capital and Lightspeed Venture Partners just over a month after securing US$1 billion from Japan's Toyota Motor Corp.

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Grab gets another US$1 bn to fund ride-hailing battle