Alibaba Group Holding Ltd is in talks to invest $3 billion in Southeast Asia's biggest ride-hailing firm Grab Holdings Inc, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-09-14/alibaba-in-talks-to-invest-3-billion-in-grab-ride-hailing-giant?sref=SCAzRb9t...
A logo of Alibaba Group is seen at the company's headquarters in Hangzhou, Zhejiang province, China, November 18, 2019. REUTERS/Aly Song/Files
Grab declined to comment, while Alibaba and Uber were not immediately available to respond to a Reuters request for comment.
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