Tuesday , May 21 2019
Breaking News
Home / International Customs / Thailand / Thailand’s Central Group investing US$200m in Grab
Thailand’s Central Group investing US$200m in Grab

Thailand’s Central Group investing US$200m in Grab

SINGAPORE: Central Group, which controls Thailand’s biggest shopping mall and department store operator, plans to invest $200 million in ride-hailing giant Grab, people familiar with the matter said.

The deal seals a strategic partnership under which the conglomerate will help Grab expand its business in Thailand, said the people, who asked not to be named because the information is private.