GrabTaxi gets $65m more to take on Uber

Southeast Asia’s leading taxi mobile app, GrabTaxi, has received its  latest round of funding worth $65 million to make deeper inroads into South East Asia. The series C round funding was led by new investor US-based Tiger Global Management, joined by another new investor Hillhouse Capital Management and existing investors GGV Capital, Vertex Venture Holdings and Qunar.

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