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The launch of the insurance platform is part of the company’s goal of becoming an everyday “superapp” in the region.
Grab claims the Ho Chi Minh City Court had no jurisdiction over the case.
KrASIA checks outs some of the new and existing players in the region’s ride-hailing space.
Barely two weeks into 2019, Grab’s Series H financing round exceeds its end-2018 US$3 billion target.
The verdict ends an 18-month-long legal battle between Grab and Vietnamese taxi operator Vinasun.
Vinasun’s lawsuit against Grab resumes after the Vietnamese taxi firm turned down Grab’s US$2.78-million investment offer.
The deal further signals that Grab, which has raised nearly $7 billion in funding, will have more business cooperation with its strategic investors.
Overall Grab has raised up to $2.9 billion in its ongoing Series H round, closer to its $3 billion target by end-2018.
Grab leverages on global R&D team to pursue its dreams of becoming SEA’s super app.
Grab opens its seventh R&D centre amidst its overseas expansion.
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