SoftBank and the Vision Fund are long-standing strategic investors.5 billion (around Rs 31,747 crore) in funding in its current financing round (series H), it said in a statement.Grab had set up its R&D centre in Bengaluru, housing about 200 engineers, who focus on developing new payments technologies for GrabPay, its digital payments platform. The investment is a clear statement of belief in our vision to grow Southeast Asias technology ecosystem as the regions Number 1 super app," Grab co-founder and CEO Anthony Tan said in the statement Wednesday.
The statement said the company plans to expand its verticals such as financial services, food delivery, parcel delivery, content and digital payments, and roll out new services that it announced last year.Other investors in this round include Toyota Motor Corporation, Oppenheimer Funds, Hyundai Motor Group, Booking Holdings, Microsoft Corporation, Ping An Capital, and Yamaha Motor, it added..With this, Grab has so far secured over USD 4.
The company is looking at doubling the number in the next 12-18 months.David Thevenon, Partner at SoftBank Investment Advisers, said the latest investment will help Grab explore exciting new opportunities across on-demand mobility, delivery and financial https://www.waylead.com.cn/product/brake-motor/ brake motors Suppliers services across Southeast Asia.. Ming Maa, Grabs President said the company continues to receive new investor interest and it looks forward "to welcoming more global industry leaders as partners in 2019".
Grab also plans to invest a significant portion of fresh proceeds in Indonesia, it added..46 billion (about Rs 10,300 crore) in fresh funding from Softbank Vision Fund (SVF).New Delhi: Southeast Asia-based technology firm Grab Holdings Inc on Wednesday said it has secured USD 1.
The statement said the company plans to expand its verticals such as financial services, food delivery, parcel delivery, content and digital payments, and roll out new services that it announced last year.Other investors in this round include Toyota Motor Corporation, Oppenheimer Funds, Hyundai Motor Group, Booking Holdings, Microsoft Corporation, Ping An Capital, and Yamaha Motor, it added..With this, Grab has so far secured over USD 4.
The company is looking at doubling the number in the next 12-18 months.David Thevenon, Partner at SoftBank Investment Advisers, said the latest investment will help Grab explore exciting new opportunities across on-demand mobility, delivery and financial https://www.waylead.com.cn/product/brake-motor/ brake motors Suppliers services across Southeast Asia.. Ming Maa, Grabs President said the company continues to receive new investor interest and it looks forward "to welcoming more global industry leaders as partners in 2019".
Grab also plans to invest a significant portion of fresh proceeds in Indonesia, it added..46 billion (about Rs 10,300 crore) in fresh funding from Softbank Vision Fund (SVF).New Delhi: Southeast Asia-based technology firm Grab Holdings Inc on Wednesday said it has secured USD 1.
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