26-03-2018 07:14 via feeds.mashable.com

Uber has called it quits on another market

Following months of speculation, Uber will be no longer in Southeast Asia.
Uber has sold its ride-hailing and food delivery business in the region to competitor Grab, the two companies confirmed in a statement online on Monday.
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While the sale price wasn't revealed, Uber will retain a 27.5 percent stake in Grab and Uber's CEO Dara Khosrowshahi will join Grab's board. 
Grab said the acquisition was the "largest-ever of its ki
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