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August 2, 2018 Grab Announces US$2 Billion of Funds Raised in Current Financing Round
  • OppenheimerFunds, Ping An Capital, Mirae Asset – Naver Asia Growth Fund, Cinda Sino-Rock Investment Management Company, All-Stars Investment, Vulcan Capital, Lightspeed Venture Partners, Macquarie Capital and other investors have joined Toyota in Grab’s current financing round
  • The current financing round cements Grab’s aim to be the leading technology company in Southeast Asia
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July 18, 2018 Grab and NUS open AI Lab to Transform Cities and Transportation in Southeast Asia
  • New S$6 million joint lab to support cities with solving some of the region’s most pressing challenges, such as congestion and the liveability of cities
  • Grab – NUS AI Lab data reveals how travel time from Newton to Tanjong Pagar can be reduced by 1/3rd
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July 10, 2018 Grab unveils open platform strategy to build Southeast Asia’s First Everyday Superapp
  • GrabPlatform is a suite of APIs for partners to integrate their services with Grab
  • Grab will add more everyday services to the Grab app. GrabFresh, an on-demand grocery delivery service, will be launched in beta this month
  • Grab as Everyday Superapp will come to life with new Grab interface. Services and information, relevant to exactly when you need it
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June 13, 2018 Toyota to Invest US$1 Billion in Grab As Lead Investor for Grab’s New Round of Financing
  • Largest-ever investment globally by an automotive manufacturer in the ride-hailing sector
  • The investment will accelerate Grab’s next phase of growth to build Southeast Asia’s leading online-to-offline (O2O) mobile platform
  • Toyota is a lead investor in Grab’s ongoing financing round, launched following Grab’s merger with Uber in Southeast Asia
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June 5, 2018 Grab Launches Grab Ventures To Boost Southeast Asia’s Tech Ecosystem
  • Grab Ventures aims to discover and develop Southeast Asia’s next-generation tech leaders
  • Grab Ventures to allow Grab to build new businesses and help growth-stage startups scale across Southeast Asia
  • Programme partners include Singapore government agencies, IMDA, Enterprise Singapore, EDB and EDBI
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