Singapore’s Grab confirms $100m investment in SoftBank-backed OYO Hotels

Grab co-founder Anthony Tan
Grab co-founder Anthony Tan. Photographer: Ore Huiying/Bloomberg

Singapore-based ride-hailing major Grab has confirmed a $100-million investment in OYO Hotels & Homes, which is said to be a part of the budget hotels firm’s ongoing $1-billion funding round.

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