Sunday, March 25, 2018

REFILE-Uber to sell Southeast Asia operations to Grab, get stake in combined business-source

SINGAPORE, March 25 (Reuters) - Ride-hailing firm Uber Technologies has agreed to sell its Southeast Asian business to the region's bigger rival Grab, a source with direct knowledge of the matter said on Sunday, in what would be the U.S. company's second retreat from Asia.

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