Grab App of Asia receives $11 billion investment funding

Global & Trending Insights Posted on: December 5, 2018 Posted by: GradSiren Team

Singapore, Asia – The most popular riding App in Singapore “Grab” is perhaps the much loved riding App in Asiatic countries . The App developed by Singapore-based entrepreneur already raised around $3Billion and is going strong as the year comes to an end. According to Grad’s president Ming Maa the App is catching up more user base and will receive an additional $11 billion by 2019 from various interested investors including few minor stakes of Toyota’s TM funding. Grab App is already popular in Asia, by its recent famous acquisitions of some of the Uber’s Asian territorial operations into its fold.

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