Grab snags $200m funding from US travel firm Booking

Grab snags $200m funding from US travel firm Booking

FILE PHOTO - People wait for the start of ride-hailing company Grab's fifth anniversary news conference in Singapore June 6, 2017. REUTERS/Edgar Su/File Photo

Singapore-based ride-hailing major Grab has raised $200 million in fresh funding from Booking.com parent company, Booking Holdings, the startup announced on Monday.

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