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Grab president says ride-hailer can grow without extra funding

Singapore-based unicorn open to strategic investment

Grab President Ming Maa expressed confidence in the ride-hailer's growth outlook in a recent telephone interview with Nikkei. (Photo courtesy of Grab)

TOKYO -- The president of Singapore-based ride-hailer Grab is bullish on his company's prospects for sustainable growth, despite growing market skepticism over "unicorns."

"We certainly do not need to raise [new] capital in order to create a sustainable business," Ming Maa said in a recent phone interview with Nikkei.

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