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Grab pulls in $250M from Hyundai as ongoing round reaches $2.7B
Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today is Korean automotive firm Hyundai, which is investing $250 million.
Hyundai first invested in Grab in January, and it joins recently announced investors Microsoft (undisclosed) and Booking Holdings ($200 million) in the round, which is aimed at reaching at least $3 billion before the end of this year. Grab first announced a $1 billion investment from Toyota in June and that was doubled to $2 billion when a range of institutional backers joined. Those include OppenheimerFunds, Ping An Capital, Mirae Asset-Naver Asia Growth Fund, Lightspeed Venture Partners and Macquarie Capital, and today Grab disclosed two others: Goldman Sachs Investment Partners and Citi Ventures. (Fonte: TechCrunch)
Dropbox introduces Extensions for deeper integration with third-party tools
Dropbox has had APIs for years that enable companies to tap into content stored in their repositories, and they have had partnerships with large vendors like Adobe, Google, Autodesk and Microsoft. Today, the company announced Dropbox Extensions to enhance the ability to build workflows and integrations with third-party partners. Quentin Clark, SVP of engineering, product and design at Dropbox, says they have long recognized the need to take the content stored in their repositories and provide ways to integrate it with other tools people are using. “We are on this journey to help this broader ecosystem get the most value possible. Extensions is another way to remove friction and allow better engagement,” Clark said. (Fonte: TechCrunch)
Amazon plans to split second headquarters in two cities: sources
Amazon.com Inc is planning to split its second headquarters evenly between two cities, people familiar with the matter said Monday, in a twist to a more than year-long contest that has drawn overtures from locales across North America. Dallas, Long Island City in New York and Arlington near Washington, D.C. are all among the finalists with which Amazon is holding advanced talks, one of the people said on condition of anonymity. The person would not confirm which two are expected to win or if any others remain in the running. Amazon declined to comment on the news, first reported by the Wall Street Journal. (Fonte: Reuters)
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