SINGAPORE -- Singapore-based digital unicorn Grab has raised $2 billion in the company's biggest ever loan financing, it said Monday, to increase cash liquidity as it faces the prospect of digital competition heating up post-pandemic.
Startups
Grab raises $2bn loan as digital competition heats up
Singapore unicorn diversifies financing sources to speed up expansion
Since it was established in 2012, Grab has raised billions of dollars mainly through equity. © Reuters
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