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在线翻译:
szdaily -> Business
Didi, Softbank to invest in Grab
    2017-July-25  08:53    Shenzhen Daily

Han Ximin

ximhan@126.com

DIDI said yesterday that it would co-lead the current financing round of Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia.

DiDi and SoftBank Group will invest up to US$2 billion to reinforce Grab’s dominant position in the region’s Internet economy to help consumers access safe transportation and financial products while creating employment opportunities. With an anticipated total amount of US$2.5 billion, this round is the largest single financing in the history of Southeast Asia. Grab operates the largest transportation network in Southeast Asia.

The Grab app has been downloaded onto more than 50 million mobile devices, giving passengers access to the region’s largest land transportation fleet comprising over 1.1 million drivers. It offers private car, Hitch, motorbike, taxi, carpooling and other services across seven countries and 65 cities, handling nearly three million daily rides.

“Grab is establishing a clear leadership in Southeast Asia’s Internet economy based on its market position, superior technology and truly local insight. By deepening our strategic partnership, Didi and Grab reaffirm our shared commitment to innovating localized solutions to global urban development challenges from the world’s fastest growing marketplaces,” said Cheng Wei, founder and CEO of Didi. “Both companies look forward to working together with communities and policymakers across Asia to fully embrace the extraordinary opportunities in the upcoming transportation revolution.”

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