Grab raises $300m additional funding from asset manager Invesco

FILE PHOTO: The helmet of a Grab bike rider is seen during rush hour traffic in Jakarta, Indonesia, July 18, 2016. REUTERS/Iqro Rinaldi

Ride-hailing giant Grab has raised an additional investment of $300 million from Invesco Ltd., a global independent investment management company, in a move seen to further accelerate its expansion in the region.

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