Don’t miss the latest developments in business and finance.

Grab to raise about $2 billion in fundraising - WSJ

Image
Reuters
Last Updated : Aug 01 2018 | 3:55 PM IST

(Reuters) - Ride hailing company Grab Inc is set to raise about $2 billion in its latest round of fundraising, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

The round includes previously announced $1 billion investment by Japan's Toyota Motor Corp, the Journal reported.

Grab declined to comment.

(Reporting by Akanksha Rana in Bengaluru; Editing by Anil D'Silva)

Also Read

First Published: Aug 01 2018 | 3:45 PM IST

Next Story