27-06-2019 12:21 via feedproxy.google.com

Grab raises more money — again

Southeast Asia’s highest-capitalized startup is sitting on even more money from investors today after ride-hailing Grabannounced it has raised $300 million from Invesco.
The deal takes Singapore-based Grab $7.5 billion raised to date. The money is part of its ongoing — feels-like-everlasting — Series H round which was started last June via a $1 billion capital injection from Toyota.
The round swelled to $4.5 billion thanks to contributions from a range of partners throughout 20
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