TechTalk

Published on March 26th, 2018 | by Subhash Nair

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It’s Official, Grab and Uber Merges in Southeast Asia

Here are the 3 major changes.

Grab is acquiring Uber’s Southeast Asian businesses – namely, their ride-hailing and food delivery services.

In exchange, Uber will receive a 27.5% stake in Grab.

GrabFood will expand into all major Southeast Asian countries by mid-2018. This will be supported by GrabPay, the company’s mobile wallet.


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