![](http://cdn.i.haymarketmedia.asia/?n=campaign-asia%2fcontent%2f20160201014437-16-01-30+GRAB_IMG_04+-+Alaric+Tay+of+Mediacorp+Channel+5%e2%80%99s+popular+parody+show+%e2%80%98The+Noose%e2%80%99+as+a+Grab+driver+for+the+campaign.jpg&h=410&w=728&q=75&v=cc2c1ec47c&c=1)
Grab's new investors hope to catch a ride on its regional growth
The latest infusion of cash values the ride-hailing app at around $11 billion. Its expanded war chest will be put to work mainly in Indonesia where rival Go-Jek is revving up investment.
August 02, 2018