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Uber Technologies Inc

Grab raises $750 million to take on Uber in Southeast Asia

2 years, 28 days ago
SINGAPORE: Grab, the biggest rival to ride-sharing service Uber Technologies Inc in Southeast Asia, has raised $750 million in a funding round, turning up the heat on the US firm now seeking to expand in the region after exiting China.

Economists see ride-hailing industry as ripe for competition

2 years, 1 month ago
SAN FRANCISCO: Chinese powerhouse Didi Chuxing's acquisition of Uber Technologies Inc's China operations marked the biggest move yet toward consolidation in an industry that many investors and Silicon Valley pundits view as a…