Grab in advanced talks to buy some of Uber's Southeast Asia businesses: source

SINGAPORE (Reuters) - Southeast Asia's biggest ride-hailing firm, Grab, is in advanced negotiations to buy parts of Uber Technologies Inc's business in the region and offer a stake in itself, said a source with knowledge of the talks, in a move that would mark Uber's pullback from its global expansion.

from Reuters: Technology News http://ift.tt/2HhciOs