SoftBank Group CEO Masayoshi Son said Monday the Japanese conglomerate will invest $2 billion in ride-hailing giant Grab, Reuters reported.
It wasn't immediately clear if the latest $2 billion investment was part of the previous sum announced in March.The startup, which is valued at $14 billion, plans to raise around $6.5 billion in total capital by the end of the year.
It started out with ride-hailing, but over time, Grab introduced other services including food and grocery delivery, mobile payment, and micro-lending to the unbanked or underbanked in Southeast Asia.Related Tags
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Restrictions on $2 Million Drug Highlight Challenge for Gene TherapiesZolgensma, the world’s most expensive drug, is a cutting-edge treatment for spinal muscular atrophy, or SMA, but access to the gene therapy is limited for now as insurers sort out their coverage.
Leer más »
Items that once belonged to Neil Armstrong have drawn more than $12 million in bids, but are sparking controversy among people who knew himA gold coin that Armstrong took with him to the moon sold for $2 million. But former friends of the astronaut think the sales are unseemly.
Leer más »
There are 2 areas where Uber's competitors could leave the ride-hailing giant in the dustEurope and Latin America could be a good place for competitors to steal some of Uber's market share, analysts at HSBC say.
Leer más »
Restrictions on $2 Million Drug Highlight Challenge for Gene TherapiesZolgensma, the world’s most expensive drug, is a cutting-edge treatment for spinal muscular atrophy, or SMA, but access to the gene therapy is limited for now as insurers sort out their coverage.
Leer más »
Here's How to Grab Summer 2019's Top Trend — Starting at Just $22We have reached peak nostalgia.
Leer más »
Games: Tejeda grabs gold for Peru with win in women's marathonPeruvian runner Gladys Tejeda secured the home country's first gold medal a...
Leer más »