The acquisition of Uber China by Didi Chuxing has encouraged rival Grab to raise $13.1bn in fresh capital from investors, such as Japan’s SoftBank and Didi. The company aims to further establish itself in South East Asia’s ride-hailing industry, set to increase by over 500% to $1bn13.1bn by 2025.
The acquisition of Uber China by Didi Chuxing has encouraged rival Grab to raise $1bn in fresh capital from investors, such as Japan’s SoftBank and Didi. The company aims to further establish itself in South East Asia’s ride-hailing industry, set to increase by over 500% to $13.1bn by 2025.