Ride hailing firm Grab commits $100m to expand in Myanmar

Ride hailing firm Grab commits $100m to expand in Myanmar

FILE PHOTO - People wait for the start of ride-hailing company Grab's fifth anniversary news conference in Singapore June 6, 2017. REUTERS/Edgar Su/File Photo

Ride-hailing firm Grab, the main Southeast Asian rival of Uber Technologies Inc, said it would commit $100 million over the next three years to deepen its presence in Myanmar, grow to more cities and roll out its other services.

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