Alibaba is in talks to invest in Uber’s Southeast Asia rival Grab

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 Alibaba could substantially increase its business interests in Southeast Asia with an investment in Uber rival Grab. Bloomberg reports that Alibaba President Jack Ma is considering joining an upcoming $1.4 billion funding round for Grab which will be led by SoftBank, a company with many links to Alibaba. Separately, TechCrunch has confirmed with a source that Alibaba has held meetings with… Read More

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