Singapore
Southeast Asia
Uber Technologies Inc has

Uber reaches deal to sell Asian unit

Uber Technologies Inc has reached an agreement to sell its Southeast Asian ride-hailing business to rival Grab and could announce the deal as early as today morning in Singapore, people familiar with the matter said.

The agreement – which includes all of Uber’s operations in Southeast Asia as well as Uber Eats in the region – gives Uber a stake of between 25 per cent and 30 per cen

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