Alibaba is in talks to invest $3 billion in Grab: Bloomberg News

By Syndicated Content Sep 14, 2020 | 4:32 AM

(Reuters) – Alibaba Group Holding Ltd is in talks to invest $3 billion into Southeast Asia’s biggest ridehailing firm Grab Holdings Inc, Bloomberg News reported on Monday, citing people familiar with the matter.

(Reporting by Aakriti Bhalla in Bengaluru; Editing by Ramakrishnan M.)