Alibaba is in talks to invest in Uber’s Southeast Asia rival Grab
June 16, 2017 at 01:17 AM EDT
Alibaba could substantially increase its business interests in Southeast Asia with an investment in Uber rival Grab. Bloomberg reports that Alibaba President Jack Ma is considering joining an upcoming $1.4 billion funding round for Grab which will be led by SoftBank, a company with many links to Alibaba. Separately, TechCrunch has confirmed with a source that Alibaba has held meetings with… Read More