SE Asian ride-hailing major Grab close to acquiring Uber's business in the region

SE Asian ride-hailing major Grab close to acquiring Uber's business in the region

Grab co-founder Anthony Tan. Photographer: Ore Huiying/Bloomberg

Grab, the dominant ride-hailing service in Southeast Asia, is close to finalizing a deal to acquire Uber Technologies Inc.’s business in the region and may sign a deal this week or next, according to people familiar with the matter.

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