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Uber Rival Grab to Hire Deal Maker From SoftBank

Uber’s chief rival in Southeast Asia is hiring a high-profile deal maker from Japan’s SoftBank to become its new president.
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Uber Rival Grab Seizes Lead in Southeast Asia

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Ride-hailing giant Uber, locked in major tussles with local rivals in China and India, also faces a homegrown upstart in Southeast Asia, where Singapore-based GrabTaxi operates in more cities and is winning the race for riders.

Grab, Uber’s arch rival in Southeast Asia, raises $750M led by SoftBank

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Grab, the largest company rivaling Uber in Southeast Asia, has confirmed that it has raised $750 million in fresh capital. This is the company’s Series F round, and it was led by existing investor SoftBank with participation from un...

Uber hires former Amazon/Groupon exec as chief product officer

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Uber has hired Jeff Holden, until recently a vice president at Groupon, to become its chief product officer. We got to know ex-Amazonian Holden when he launched Pelago, makers of Whrrl. The app failed to get major traction because i...

GrabTaxi, Uber’s SoftBank-Backed Rival In Southeast Asia, Tests Courier Service

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GrabTaxi, the Uber rival backed by SoftBank, is trialling a next-day delivery service as it experiments with logistics-related offerings beyond its core taxi-hailing business in Southeast Asia. Read More

Uber's Southeast Asia Rival Grab Raises $750 Million

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Ride-hailing startup Grab said it has raised $750 million in a funding round led by Japan’s SoftBank, increasing its firepower to battle Uber.


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