Southeast Asian ride-hailing and on-demand delivery company Grab has reportedly raised $750m in a funding round that was led by exist investor Softbank. According to a report on Recode, Grab plans to use the new funding to expand its activities in Indonesia and to continue its research on machine learning and other technologies.
Softbank is also a major shareholder in Alibaba.
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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