Jack Ma’s money is up for Grab. This week, Bloomberg reported that the Alibaba head “may team up” with SoftBank to invest $1.5 billion in Grab, a Singapore ride-sharing company.
While I tend to cringe at news stories that tee off with weak and uncertain terms like “may” or “could,” it’s worth noting in today’s column because — if it’s true — it spells more trouble for Uber.
And each episode of Travis Kalanick’s “As the Stomach Turns” keeps getting worse.
Three days ago, the San Francisco company…