SINGAPORE -- Grab on Wednesday announced that it has secured $1.46 billion in new funding from the SoftBank Vision Fund as it seeks to strengthen its market share in the region and fend off rival Go-Jek.
The provider of Southeast Asia's largest ride-hailing app has now raised more than $4.5 billion in its latest fundraising round. Other investors in the Series H round include Toyota Motor, Microsoft and Ping An Capital.
