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Grab raises $300M led by Hanwha Asset Management for its financial services business, which spun out of Grab in 2018 and is now valued at $3B (Mercedes Ruehl/Financial Times)

Mercedes Ruehl / Financial Times:
Grab raises $300M led by Hanwha Asset Management for its financial services business, which spun out of Grab in 2018 and is now valued at $3B  —  New firepower comes as group faces an increasingly competitive landscape in south-east Asia  —  Grab, the south-east Asian ride-hailing and food delivery app …

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