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Retrieved on: 2018-04-01 16:03:45
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<div>Grab and Uber were not immediately available for comment. In return Uber will receive a 27.5% stake in the business, with chief executive of the California-headquartered company <b>Dara Khosrowshahi</b> joining the Grab board. The majority owner of both companies is Japanese firm Softbank Group Corp.</div>
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