Grab puts partnership with Wirecard on hold: report

Uploaded By:  Janine Ballesteros Submitted By:  Janine Ballesteros Case Study:  No This is days after the troubled firm disclosed a $2.92b financial hole. Southeast Asian ride-hailing and payments company Grab had put a partnership with German payments firm Wirecard on hold, days after the latter disclosed a $2.92b (US$2.1b) financial hole, according to a report from Reuters. “We have not begun business integration work on the Wirecard partnership and we are pausing the partnership till further notice,” a spokeswoman from Grab said. read more