Friday, February 16, 2018

Uber is reportedly preparing to sell its Southeast Asian business to Grab

Uber is preparing to sell its Southeast Asian business to Grab in exchange for a stake in the Singaporean ridesharing company that has a big presence in that region, according to a new report from CNBC. This wouldn’t be an unfamiliar story for Uber, which was handily beaten by Didi in China before eventually caving and selling the company to the dominant ridesharing startup in China. Uber sold

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