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Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia – TechCrunch

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia – TechCrunch Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a …

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Skype co-founder snags $105M for fintech lending venture in Southeast Asia – TechCrunch

Skype co-founder snags $105M for fintech lending venture in Southeast Asia – TechCrunch A fintech whale quietly going about its business in Southeast Asia has come out from under the radar after Oriente, a Hong Kong-based business headed by Skype’s first employee, announced that it has raised a whopping $105 million. …

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Southeast Asia’s digital economy to triple to $240 billion by 2025 – TechCrunch

Southeast Asia’s digital economy to triple to $240 billion by 2025 – TechCrunch It may sit in the shade of China and India, but tech has real growth potential in Southeast Asia. Home to a cumulative 650 million people, the region’s digital economy is forecast to triple in size and …

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Grab lands $50M from Thailand’s Kasikorn Bank to further its fintech push – TechCrunch

Grab lands $50M from Thailand’s Kasikorn Bank to further its fintech push – TechCrunch Southeast Asia ride-hailing firm Grab is continuing to add strategic investors to its ongoing Series H round — which is targeted at over $3 billion — after it revealed Thai bank Kasikorn put in $50 million …

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Grab pulls in $250M from Hyundai as ongoing round reaches $2.7B – TechCrunch

Grab pulls in $250M from Hyundai as ongoing round reaches $2.7B – TechCrunch Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today is Korean automotive firm Hyundai, which is …

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Southeast Asia’s Grab pulls in $200M from travel giant Booking – TechCrunch

Southeast Asia’s Grab pulls in $200M from travel giant Booking – TechCrunch Fresh a strategic investment from Microsoft, Southeast Asia’s ride-hailing leader Grab is back in the money again after it closed $200 million in fresh capital from Booking Holdings, the travel firm formerly known as Priceline. The investment is …

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Southeast Asia’s Grab partners with MasterCard to offer virtual debit cards – TechCrunch

Southeast Asia’s Grab partners with MasterCard to offer virtual debit cards – TechCrunch Ride-hailing firm Grab branched out into payments last year and now the $11 billion-valued company, which acquired Uber’s Southeast Asia business earlier this year, has given its fintech division a major boost after it announced plans to …

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Microsoft invests in Grab to bring AI and big data to on-demand services – TechCrunch

Microsoft invests in Grab to bring AI and big data to on-demand services – TechCrunch Microsoft has made a strategic investment in ride-hailing and on-demand services company Grab as part of a deal that includes collaborating on big data and AI projects. Under the agreement, Singapore-based Grab will adopt Microsoft …

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Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch

Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch China’s internet battle is rapidly reproducing itself in Southeast Asia. One new hotspot is the Philippines, where Tencent just agreed to invest in Voyager, a fintech business started by telecom firm PLDT. The deal …

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