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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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