Sunday 25 March 2018
Uber agrees to sell Southeast Asia business to Grab after costly battle
SINGAPORE/SAN FRANSICO: Ride-hailing firm Uber Technologies Inc has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company's second retreat from an Asian market. As part of the transaction, Uber will take a 27.
You can read more here: Uber agrees to sell Southeast Asia business to Grab after costly battle
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