Singapore-based ride-hailing app operator Grab is currently valued at US$14.3 billion, according to CB Insights. Photo: APSingapore-based ride-hailing app operator Grab is currently valued at US$14.3 billion, according to CB Insights. Photo: AP
Singapore-based ride-hailing app operator Grab is currently valued at US$14.3 billion, according to CB Insights. Photo: AP

SoftBank-backed Grab snags US$200 million from South Korean private equity firm

  • Seoul-based Stic Investments will invest about US$100 million from one of its funds, while raising the remainder from co-investors
  • Grab is among the most richly financed tech start-ups in Southeast Asia, having raised more than US$10 billion to date including about US$3 billion from SoftBank

Topic |   Start-ups
Singapore-based ride-hailing app operator Grab is currently valued at US$14.3 billion, according to CB Insights. Photo: APSingapore-based ride-hailing app operator Grab is currently valued at US$14.3 billion, according to CB Insights. Photo: AP
Singapore-based ride-hailing app operator Grab is currently valued at US$14.3 billion, according to CB Insights. Photo: AP
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