Alibaba Is in Talks to Invest $3 Billion in Grab
Grab Holdings Inc. delivery motorcycles sit near a Mango store, operated by Punto Fa SL, in Bonifacio Global City, Metro Manila, the Philippines. (Photographer: Geric Cruz/Bloomberg)

Alibaba Is in Talks to Invest $3 Billion in Grab

(Bloomberg) -- Alibaba Group Holding Ltd. is in talks to invest $3 billion in Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter.
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