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Uber/Lyft Asia

Uber’s Old Rivals in Southeast Asia Hold Merger Talks

By Shai Oster
· · Source: The Information

Grab and Gojek, Southeast Asia’s two largest ride-hailing and food-delivery apps, valued at $14 billion and $9 billion respectively, are discussing a merger that would create one of the world’s most highly valued startups, people familiar with the talks said. As we reported, a deal would be the latest step in a consolidation of the broader food-delivery and ride-hailing markets, as companies try...

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