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Ride-hailing

Alibaba preparing US$3 billion investment in ride-hailing startup Grab

Alibaba preparing US$3 billion investment in ride-hailing startup Grab

Alibaba’s investment comes as ride-hailing apps across the world, as with all other industries, have been forced to adapt to the new challenges of the coronavirus pandemic. Chinese giant Alibaba Group Holding Ltd. is reportedly in talks to invest a US$3 billion sum in premier South East-Asian ride-hailing
Matthew Stafford Sep 22, 2020

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