South Korean equity firm STIC invests $200 million in Singapore-based-ride-hailing startup Grab

South Korean VC firm STIC Investments Inc. has expanded its reach to the Southeast Asian region with an investment of about $200 million in Singapore based ride-hailing startup Grab. Despite the impact of the COVID-19 pandemic, Grab has continued its operations as a ride-hailing, food delivery, and financial services firm. The startup is among the most promising tech startups in…
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