KM Financial Solutions | REFILE-Uber to sell Southeast Asia operations to Grab, get stake in combined business-source
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REFILE-Uber to sell Southeast Asia operations to Grab, get stake in combined business-source

REFILE-Uber to sell Southeast Asia operations to Grab, get stake in combined business-source

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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