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Daily Journal Corp (DJCO.OQ)

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Southeast Asia's Grab to announce fresh $1 billion funding: source

Southeast Asian ride-hailing company Grab is set to announce that it has secured new investment of $1 billion that will help it grow its payments business, a source familiar with the matter said.

Grab to raise about $2 bln in fundraising -WSJ

Aug 1 Ride hailing company Grab Inc is set to raise about $2 billion in its latest round of fundraising, the Wall Street Journal reported https://www.wsj.com/articles/uber-partner-grab-flags-down-2-billion-investment-1533115214 on Wednesday, citing people familiar with the matter.

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