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  • You're also an investor in Alibaba, Bloomberg news is reporting now that

  • Jack Ma may participate in a 1.5 billion dollar investment in the ride-hailing company, Grab,

  • which is Uber's competitor in Southeast Asia.

  • This along with SoftBank, to any extent, a bet on one of Uber's competitors is a bet against Uber.

  • How do you reconcile that?

  • That's fine.

  • They invested in Lyft a few years ago as well.

  • And I think they're actually pretty darn good...

  • they get a lot of... a lot of people give them a lot of grief about some of their investments.

  • But you know... I think... they invested in Lyft several years ago and I actually think they'll do quite well.

  • Look, we frankly think Southeast Asia, in the ride-sharing space... is a huge... there's just too much capital going in to it right now.

  • We are actually also looking at Grab as we speak.

  • And you know, we think the market opportunity is enormous there.

  • The fact that Jack and Alibaba are looking at it doesn't surprise us.

  • They want to continue to expand, especially in the capital investing side outside of Asia.

You're also an investor in Alibaba, Bloomberg news is reporting now that

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A2 US asia uber alibaba southeast asia capital southeast

Lead Edge's Green Sees Big Opportunity for Grab in Asia

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    Colleen Jao posted on 2017/06/16
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