Grab out to secure RM10.7bil investment

Tan says there probably could be more money coming into the business.

PETALING JAYA: Grab, a local start-up that has amassed a dominant market share of the ride-hailing market in South-East Asia, is expanding into financial services with the latest round of fundings.

The company is out to secure US$2.5bil (RM10.7bil), in what will be the largest single financing in the history of South-East Asia for a start-up.