附近上门

Singapore鈥檚 ridesharing darling has nabbed another $200 million in strategic funding from travel conglomerate , the companies today.

This comes just months after the company raised $2 billion in an ongoing Series H round that included investments from (with which it also partnered), , and , among others.

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The new strategic partnership means that Booking Holdings’s brands will have the ability to offer on-demand transport services through their apps, powered by Grab, and Grab customers will be able to book accommodations across the globe powered by Booking.com and online hotel reservations site , according to the companies鈥� .

, SVP and head of corporate development for Booking Holdings, said in the statement: 鈥淕rab has scaled impressively across Southeast Asia over the last few years, establishing itself as a recognized leader in an increasingly competitive space, and we’re excited to partner with them to build even better travel experiences through technology.鈥�

The money just keeps rolling in for Grab. Earlier this month, tech giant announced it had as part of a deal that included collaborating on big data and AI projects, according to a TechCrunch .

The company is aiming to raise $3 billion in the ongoing Series H round but its estimated $11 billion valuation is after the strategic rounds, notes TechCrunch.

As 附近上门 News鈥檚 Savannah Dowling reported in August, Grab is backed by SoftBank and China鈥檚 ridesharing giant , Grab鈥檚 app allows hail transportation services through GrabTaxi, GrabCar, and its carpool service GrabHitch. In addition to its core services, the company recently introduced GrabAssist, a service for seniors and individuals with disabilities, and GrabFamily, a service for families with small children.

Grab operates in 235 cities in eight countries including Singapore, Malaysia, Indonesia, Philippines, and Vietnam.

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