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Uber is reportedly preparing to sell its Southeast Asian business to Grab
Uber is preparing to sell its Southeast Asian business to Grab in exchange for a stake in the Singaporean ridesharing company that has a big presence in that region, according to a new report from CNBC. This wouldn’t be an unfamiliar story for Uber, which was handily beaten by Didi in China before eventually caving…
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Rally Road lets you buy and sell equity shares in classic cars
Want to put your money in something like a 1955 Porsche or 1985 Ferrari but don’t have hundreds of thousands of dollars to spend? Meet Rally Road. The New York-based startup lets investors buy a real equity stake in a classic car for as little as $50. The company just closed a $2.9M seed round…
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Indonesia’s BeliMobilGue raises $3.7M to let consumers sell their cars quickly and easily
A new startup in Indonesia wants to car owners in Southeast Asia’s country sell their vehicle with more security and reliability. BeliMobilGue — meaning ‘Buy My Car’ — was quietly started last year as a joint venture from Berlin-based Frontier Car Group and Intudo Ventures. It acts as a middleman between Indonesia’s car dealers and consumers…