Uber selling Southeast Asia operations to Grab: report

Uber selling Southeast Asia operations to Grab: reportUber is selling parts of its Southeast Asia operations to local rival Grab, getting a piece of the action in the process, according to US media reports. Grab is on the cusp of buying Uber's business in some Southeast Asia markets in a deal that would give the California-based smartphone-summoned ride service a stake in its competitor, reported Bloomberg and the Wall Street Journal. Uber did not respond to an AFP request or comment.




from Yahoo News - Latest News & Headlines http://ift.tt/2Ig3nhH
via Latest News

Comments

Popular posts from this blog

Facebook's latest bug exposed the private photos of 6.8 million users - The INQUIRER

Overwatch 2 Anime Charm Is Cheaper In Real Life Than In The Game - Kotaku