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Uber rival Grab quietly backed dock-less bike service oBike
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Grab, Uber’s main rival in Southeast Asia, has made a move into dock-less bikes after the company quietly backed oBike. Singapore-based Grab invested in oBike — which was started in Singapore by Chinese founders and is present in 30 cities — as part of a $45 million Series B round that was announced in August, a source with knowledge of the deal told TechCrunch.…
Read Morehttps://techcrunch.com/2017/09/27/grab-obike/?ncid=rss
7 years ago