Auto Uber exits SE Asia in new retreat from global markets Updated : March 26, 2018 07:49 AM IST Singapore-based Grab is taking over the ride-sharing and food delivery operations of Uber in the region. Softbank is also a major investor in Grab, and is known for pushing for consolidation in the global ride-hailing industry. Uber is the largest firm of its kind with a presence in more than 600 cities. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.