Trump son-in-law Kushner denies collusion with Russia

Ride-hailing firm Grab to get $2.5 billion as firms pump funds into SE Asia startups

Ride-hailing firm Grab to get $2.5 billion as firms pump funds into SE Asia startups

Ride-hailing firm Grab expects to raise $2.5 billion to spend extending its lead over Uber Technolgies Inc and expanding into financial services, in the latest injection of funds into Southeast Asia's burgeoning tech scene. Chinese peer Didi Chuxing and Japan's SoftBank Group Corp will contribute most of the money, which a person close to the Singapore-based firm said would value it at $6 billion. The investment would be the latest in a Southeast Asian tech startup as major companies seek growth in the region's huge developing economies with young, tech-savvy demographics.


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Driving Kenworths in the Dirt

Kenworth Truck Co. recently invited journalists to test drive five of its vocational trucks in Snoqualmie, WA, at the site of one of the most prestigious professional rally schools in the U.S.: a place known as "DirtFish" that is situated roughly 26 miles from Kenworth's headquarters in Kirkland, WA. A century ago, it was the site of the Snoqualmie Lumber Co., later renamed Weyerhaeuser. (Photos: Neil Abt/Fleet Owner)

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