PayPal’s plans to invest in Grab off the table: Sources

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

Global digital payments major PayPal’s plans to invest in Grab Financial, the financial arm of Southeast Asian ride-hailing giant Grab, are off the table, according to industry sources aware of the development.

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