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Korean hotel platform Yanolja raises $180M at a valuation of over $1B

Korean hotel platform Yanolja raises 0M at a valuation of over B The travel tech industry has got another unicorn. Following the likes of Airbnb, OYO, Traveloka and Klook, Korea’s Yanolja said today it has closed a $180 million Series D round that takes it valuation beyond $1 billion. The investment is […]

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Grab confirms $1.46B investment from SoftBank’s Vision Fund

Grab confirms .46B investment from SoftBank’s Vision Fund Grab has become the newest addition to the SoftBank Vision Fund after it announced today that it has pulled in a $1.46 billion investment from the super fund. Grab said the new money will be used to further its super app strategy, which is […]

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Grab raises $200M from Thailand-based retail conglomerate Central Group

Grab raises 0M from Thailand-based retail conglomerate Central Group Grab’s fundraising push continues unabated after the Southeast Asian ride-hailing firm announced that it has raised $200 million from Central Group, a retail conglomerate based in Thailand. Central’s business covers restaurants, hotels and more than 30 malls in Thailand, while it has operations in markets […]

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Grab raises fundraising target to $5B as Southeast Asia’s ride-hailing war heats up

Grab raises fundraising target to B as Southeast Asia’s ride-hailing war heats up Southeast Asian ride-hailing firm Grab is aiming to start the new year with a bang and an awful load of bucks. The company, which acquired Uber’s local business earlier this year, is planning to raise as much as $5 billion […]

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SoftBank’s Vision Fund is preparing to invest $1 billion in Grab

SoftBank’s Vision Fund is preparing to invest billion in Grab SoftBank’s Vision Fund is set to continue its recent spree of investments in Asian tech unicorns. The mega fund — which is targeted at $100 billion — is planning to invest upwards of $1 billion into Southeast Asia’s ride-hailing leader Grab, two sources […]

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Grab pulls in $250M from Hyundai as ongoing round reaches $2.7B

Grab pulls in 0M from Hyundai as ongoing round reaches .7B Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today is Korean automotive firm Hyundai, which is investing $250 million. Hyundai […]

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Southeast Asia’s Grab pulls in $200M from travel giant Booking

Southeast Asia’s Grab pulls in 0M from travel giant Booking Fresh a strategic investment from Microsoft, Southeast Asia’s ride-hailing leader Grab is back in the money again after it closed $200 million in fresh capital from Booking Holdings, the travel firm formerly known as Priceline. The investment is part of an ongoing […]

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China’s Didi pumps $1B into its rebranded driver services business

China’s Didi pumps B into its rebranded driver services business Didi Chuxing is going pedal to the metal for its automobile services business after it announced it will invest $1 billion into the division, which is also getting a rebrand. The Chinese ride-hailing firm had been tipped to spin out the business and raise […]

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China’s Didi Chuxing is close to launching a taxi-booking service in Japan

China’s Didi Chuxing is close to launching a taxi-booking service in Japan Days after raising $500 million via a strategic investment from travel giant Booking Holdings, Chinese ride-hailing giant Didi Chuxing has continued its international push with the launch of a local business in Japan. Its new Japan-based unit is a joint venture […]

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