


| SoftBank-backed Grab raises $856 million from Japanese investors in financial services push |
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By Anshuman Daga and Takashi Umekawa. SINGAPORE/TOKYO (Reuters) - Southeast Asia's Grab said Japan's Mitsubishi UFJ Financial Group Inc (MUFG) and IT services firm TIS Inc have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services.
Posted: 2020-02-25 21:31:00
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