Alibaba is in talks to invest $3 billion in Grab3 min read . Updated: 14 Sep 2020, 05:14 PM IST
Alibaba, a sole investor in the round, will spend a portion of the funds to acquire some of the Grab stock held by Uber Technologies
Alibaba Group Holding Ltd. is in talks to invest $3 billion into Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter.
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