Is Uber Selling Its Southeast Asia Business To Grab?

Jon Russell, TechCrunch
Thu, 02/22/2018 - 11:52pm

If you read the tech press, you might have seen reports that Uber is pursuing a sale in Southeast Asia that would see Grab, its Singapore-headquartered rival valued at $6 billion, acquire Uber’s business in the region. Rumors of such a tie-in have been rife for a while. Uber sold its China business in exactly such an arrangement in 2016, and it made a similar exit from Russia last year.… Read More

NEXT
Topics:  southeast asia   grab   singapore-headquartered   uber s   china   russia   read more   uber   business   
BING NEWS:
  • Asia’s Manufacturing Recovery Remains Patchy
    Asia’s factory activity weakened slightly in April, with output growth cooling and employment dropping in a sign of fragile confidence among manufacturers.
    05/1/2024 - 4:30 pm | View Link
  • WBUY: Initiating coverage of a Southeast Asian community-based buying group
    Webuy Global is a community-based buying group platform that sells groceries, fresh produce, and packaged travel tours through its app in Indonesia and Singapore. The company is attempting to leverage ...
    05/1/2024 - 2:38 am | View Link
  • South, Southeast Asia considered to be fastest growing poultry markets
    UTRECHT, NETHERLANDS — The world’s fastest-growing poultry markets are South Asia and Southeast Asia, with a combined total growth forecast of 30% between 2023 and 2030, according to a recent Rabobank ...
    04/30/2024 - 4:01 am | View Link
  • Microsoft CEO to Visit Southeast Asia With AI on Agenda
    Microsoft MSFT-1.95%decrease; red down pointing triangle Chief Executive Satya Nadella will visit Southeast Asia next week to meet officials in Indonesia, Thailand and Malaysia, with artificial ...
    04/25/2024 - 6:10 pm | View Link
  • China and Southeast Asia clear winners in Apple supply chain diversification
    The latest Apple supplier list shows that the tech giant has grown its global supplier network, especially in Southeast Asian countries.
    04/22/2024 - 5:15 pm | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News