People wait for the start of ride-hailing company Grab's fifth anniversary news conference in Singapore. Photo: Reuters
Ride-sharing service Grab expects US$2.5 billion funding injection as it prepares to go head-to-head with Uber
Chinese peer Didi Chuxing and Japan’s SoftBank Group, both of which are existing investors, will contribute up to US$2 billion to lead the current financing round
People wait for the start of ride-hailing company Grab's fifth anniversary news conference in Singapore. Photo: Reuters