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Uber Is Losing to Grab in Southeast Asia

The Uber of Singapore has figured out how to make ride-sharing work in the developing world: rethink everything.
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Grab, ofrmerly GrabTaxi, one of Uber’s main competitors in Southeast Asia, announced on Friday plans to partner with nuTonomy, a MIT spin out that last week received clearance to trial a self-driving shuttle service in Singapore’s o...

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SINGAPORE (By Aradhana Aravindan, Reuters) — Grab, the biggest rival to ride-sharing service Uber Technologies Inc in Southeast Asia, has raised $750 million in a funding round, turning up the heat on the U.S. firm now seeking to ex...

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