http://feeds.reuters.com/~r/reuters/technologyNews/~3/Lj_6WjS_9as/southeast-asias-grab-launches-innovation-arm-to-develop-tech-start-ups-idUSKCN1J10AH

SINGAPORE (Reuters) – Southeast Asia’s Grab on Tuesday launched Grab Ventures, its innovation arm to develop technology start-ups in sectors such as transport, food services, logistics and financial services, further expanding beyond ride-hailing.Grab, which made its start as a taxi-booking app six years ago, has ventured into areas including payments and food delivery. Earlier this year, it bought Uber Technologies’regional operations.

 

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