Southeast Asia is about take down Uber

Grab, Uber's main competitor in Southeast Asia, is about to take the ride-hailing service down. Grab has already secured $2 billion in a new financing round from existing investors Didi Chuxing. Didi Chuxing is famous for defeating Uber in China! Grab is also expecting to secure an extra $500 million in funding. The funding comes at Uber's low point at a time of complaints and lawsuits!