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Deals | Grab Is Close to Taking over Uber’s Southeast Asia Business

The deal would be similar to the one Uber made with Chinese ride-hailing service Didi Chuxing back in 2016, when Uber sold its China unit to Didi and took a stake in Didi for return.

2 mins read
  • Plus, Nasdaq-listed YY.Inc’s game streaming unit Huya lands strategic investment worth USD 461.6 million from Tencent. Japan punished seven cryptocurrency exchanges.

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    KrASIA Daily: Uber Close to Sell SE Asia Operations to Local Rival Grab, Although Pledged Earlier Aggressive Investment in The Region

    6 mins read

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