Grab’s Record Funding Shifts Uber Battleground to Southeast Asia

  • SoftBank-led round said to value Grab a more than $3 billion
  • The pivotal region of 620 million remains up for grabs

Grab’s unprecedented fundraising shows how Southeast Asia is fast becoming a central arena in the global campaign to keep Uber Technologies Inc. at bay.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.