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Uber to sell Southeast Asia business to rival Grab in anticipation of IPO - The Drum

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The Drum

Uber to sell Southeast Asia business to rival Grab in anticipation of IPO
The Drum
After its merger with Didi Chuxing in China, Uber is set to sell its Southeast Asian business to rival Grab in exchange for a majority stake. The move has been hailed as a strategy to help Uber manage its costs in preparation for an IPO as soon as next ...
Uber is reportedly preparing to sell its Southeast Asia businessEngadget
Uber Is Reportedly Going to Sell Its Southeast Asian Division to Competitor GrabGizmodo
Uber Is Reportedly Planning to Sell Its Southeast Asia Branch to Competitor GrabFortune
CNBC -The Straits Times -TechCrunch
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