Uber is selling its Southeast Asia business to Grab (update: official)
 

Uber's plan to sell off its Southeast Asia business appears to be a done deal. Sources speaking to Bloomberg and Reuters have said that Uber has reached an agreement to sell the division to rival Grab. The arrangement would give Grab all of Uber's op...

https://www.engadget.com/2018/03/25/...iness-to-grab/