GrabTaxi raises $200m, now valued at $1.5b

GrabTaxi raises $200m, now valued at $1.5b

Singapore-based riding-hailing service, GrabTaxi is raising more than $200 million in fresh capital, led by US hedge fund Coatue Management LLCa report said. The latest round values the company at over $1.5 billion, and comes within six months of the company raising $250 million.

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