Uber sells Southeast Asia business to Grab after costly battle3 min read . Updated: 26 Mar 2018, 11:16 AM IST
Uber's deal with Grab is the first operations sale by CEO Dara Khosrowshahi, who joined in September
Singapore/San Francisco: Ride-hailing firm Uber Technologies Inc has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said on Monday, marking the US company’s second retreat from an Asian market.
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