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Uber to sell south-east Asia business to competitor Grab - The Guardian

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The Guardian

Uber to sell south-east Asia business to competitor Grab
The Guardian
Uber is selling its south-east Asian ride-hailing and food delivery business to bigger regional rival Grab, as its seeks to cut losses ahead of a potential stock market flotation next year. The move marks the US company's third major retreat overseas ...
Uber exits south-east Asia with sale to rival GrabFinancial Times
When Goliath stands to lose every timeBBC News
Ride-hailing firm Grab buys Uber's SE Asia operationsTelegraph.co.uk
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