Microsoft Throws its Own Cash Behind Mobile Payments Ridesharing Grab

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October 11, 2018         By: Steven Anderson

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Just recently, we heard about some serious funding going into Grab, an operation that would leave the company standing as one of the biggest names in ridesharing in southeast Asia. Softbank, Didi Chuxing, and Toyota had all put cash into Grab, but now, new word has emerged of another major investor planning a partnership operation: Grab.

The exact terms weren’t disclosed, but reports suggest Microsoft put around $200 million into Grab, or about 40 percent of what Softbank put in

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