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Grab raises $2.5 billion from Softbank, Didi and Alibaba

July 23, 2017

In early 2014, Vertex Ventures SEA/India invested in Grab for a series A round, hoping to take it to become the dominant taxi booking player in Southeast Asia. Today, we’re happy to announce that Grab has just received $2.5 billion from Softbank, Didi, and Alibaba. This investment makes Grab the largest startup in the region and positions it well to serve its customers across a complicated and expansive region.