By FDI Creative Services on 03/25/2018
Category: Security News

Uber to sell Southeast Asia business to Grab after costly battle

SINGAPORE/SAN FRANCISCO (Reuters) - Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the U.S. company's second retreat from an Asian market.

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