Friday, March 29, 2019

Grab is talking to Ant Financial and PayPal about spinning out its financial services business



Grab, the $16 billion-valued ride-hailing firm that acquired Uber’s Southeast Asia business last year, is in talks with Alibaba’s Ant Financial and PayPal as it considers spinning out of its financial services unit to double down on its non-transportation business, TechCrunch has learned.

from Pocket https://techcrunch.com/2019/03/29/grab-financial-services-ant-financial-alibaba-paypal/
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