REFILE-Uber to sell Southeast Asia operations to Grab, get stake in combined business-source
24 Mar REFILE-Uber to sell Southeast Asia operations to Grab, get stake in combined business-source
Posted at 12:10h
in
News
by KMFSLLP
SINGAPORE, March 25 (Reuters) – Ride-hailing firm Uber
Technologies has agreed to sell its Southeast Asian
business to the region’s bigger rival Grab, a source with direct
knowledge of the matter said on Sunday, in what would be the
U.S. company’s second retreat from Asia.
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