Articles tagged “southwest Asia”

Uber Sells Southeast Asian Operation to Grab in Yet Another Foreign Exit

Uber Sells Southeast Asian Operation to Grab in Yet Another Foreign Exit

Yoolim Lee and Eric Newcomer, Bloomberg

The Southeast Asia sale to Grab follows Uber's exits in China and Russia as the company tries to get profitable ahead of an initial public offering. Uber retains stakes in these operations so one day it will share in the wealth.

2 years ago