Thai retail giant Central Group said to invest $200m in Grab

Thai retail giant Central Group said to invest $200m in Grab

A GrabCar driver uses the Grab app on a smartphone in Singapore. Photographer: Ore Huiying/Bloomberg

Central Group, which controls Thailand’s biggest shopping mall and department store operator, plans to invest $200 million in ride-hailing giant Grab, people familiar with the matter said.

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