29-10-2018 13:00 via feedproxy.google.com

Southeast Asia’s Grab pulls in $200M from travel giant Booking

Fresh from a strategic investment from Microsoft, Southeast Asia’s ride-hailing leader Grab is back in the money again after it closed $200 million in fresh capital from Booking Holdings, the travel firm formerly known as Priceline.
The investment is part of an ongoing round of funding that Grabsaid is on course to reach $3 billion before the end of the year. Grab raised $2 billion for the round — including a $1 billion check from Totoya — but it continues to add strategic part
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