Uber is reportedly preparing to sell its Southeast Asian business to Grab

 Uber is preparing to sell its Southeast Asian business to Grab in exchange for a stake in the Singaporean ride-sharing company that has a big presence in that region, according to a new report from CNBC. This wouldn’t be an unfamiliar story for Uber, which was handily beaten by Didi in China before eventually caving and selling the company to the dominant ride-sharing startup in China.… Read More

from Startups – TechCrunch http://ift.tt/2obULzt
via IFTTT