Washington Post : Why Uber is selling its Southeast Asian business to a local rival

  • Monday, 26 March 2018 16:31
Uber will sell its business in Southeast Asia to a local competitor, Grab, the ride-hailing company announced late Sunday, in a deal that experts say is designed to position Uber for an initial public offering next year. Grab will purchase Uber's ride-hailing and food delivery operations in the region in a deal valued at several billion dollars, according […]

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