Tencent will buy Iflix, a Southeast Asian streaming company that operates in 13 countries; sources say Iflix's brand will still be used for at least 6-12 months
Patrick Frater / Variety :
Grab raises up to $856M from Mitsubishi UFJ Financial Group and TIS INTEC, a Japanese IT solutions business
Southeast Asian on-demand transport startup Gojek denies that it is involved in talks to merge with Grab but today Grab announced a piece of news that — at the very least …
Toyota says it will invest $1B in Southeast Asian ride-hailing service Grab, and a Toyota executive will be appointed to Grab's board of directors
Japan's Toyota Motor will invest $1 billion into Southeast Asian ride-sharing app Grab, the Singapore-based company said Wednesday.
Southeast Asian ride-hailing service Grab launches GrabFood, its food delivery business, in Singapore, and plans to expand throughout Southeast Asia soon
Fresh from completing its acquisition of Uber's Southeast Asia business, ride-hailing firm Grab has officially launched its food delivery business — GrabFood — today.
Sources: Uber has agreed to sell its Southeast Asian business to Grab in exchange for 25% to 30% stake in the Asian startup; the deal may be announced on Monday
Uber is said to announce sale, for a stake of 25% to 30% — A deal will mark Uber's exit from yet another major market
Alibaba will invest another $2B in Southeast Asian online mall Lazada; Ant Financial's executive chair will replace Lazada's CEO
Ant Executive Chair Lucy Peng to replace Lazada's CEO — Alibaba investment in Lazada reaches $4 billion in total — Alibaba Group Holding Ltd …