Alibaba could substantially increase its business interests in Southeast Asia with an investment in Uber rival Grab. Bloomberg reports that Alibaba President Jack Ma is considering joining an upcoming $1.4 billion funding round for Grab which will be led by SoftBank, a company with many links to Alibaba. Separately, TechCrunch has confirmed with a source that Alibaba has held meetings with… Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2017/06/15/alibaba-is-in-talks-to-invest-in-ubers-southeast-asia-rival-grab/?ncid=rss

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