ADVERTISEMENT

Thailand’s Central Group investing US$200m in Grab


SINGAPORE: Central Group, which controls Thailand’s biggest shopping mall and department store operator, plans to invest $200 million in ride-hailing giant Grab, people familiar with the matter said.

The deal seals a strategic partnership under which the conglomerate will help Grab expand its business in Thailand, said the people, who asked not to be named because the information is private. 

Corporate News

   

ADVERTISEMENT