Uber officially agrees to sell Southeast Asian business to Grab.
In what could turn out to be a watershed movement for Uber, the American ride-hailing giant on Monday officially confirmed that it has agreed to sell its Southeast Asian business to regional rival Grab. The deal marks Uber’s latest retreat from a highly lucrative international market…
Uber Inching close towards selling Southeast Asian Business to Grab.
Singapore based Grab, the market leader in Southeast Asia’s ride hailing market, is close on the heels of acquiring Uber Technologies business in the region, according to sources close to the matter. Sources claim that the high profile deal is most likely to be sealed in…
