Grab raises $700M in debt to add more drivers to its ride-hailing service in Southeast Asia

Grab is in the process of raising $2.5 billion for it ride hailing service in Southeast Asia, but that hasnt stopped the Uber rival from tapping banks for $700 million in debt facilities to develop its business. The Singapore-based company said it had pulled in the financing from leading global and regional banks toexpand its car rental fleet in Singapore and Indonesia, Read More

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Grab raises $700M in debt to add more drivers to its ride-hailing service in Southeast Asia
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Grab raises $700M in debt to add more drivers to its ride-hailing service in Southeast Asia
3 years ago

http://feedproxy.google.com/~r/Techcrunch/~3/MIaaB3G0SlQ/ Grab is in the process of raising $2.5 billion for it ride hailing service in Southeast Asia, but that hasnt stopped the Uber rival from tapping banks for $700 million in debt facilities to develop its business. The Singapore-based company said it had pulled in the financing from leading global and regional banks toexpand its car rental fleet in Singapore and Indonesia, Read More

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