Tag: Southeast

Alibaba eyes investment in Grab to bolster business in Southeast Asia

  • Alibaba may invest $3 billion in Grab to use its delivery capabilities and variety of services to bolster its business in Southeast Asia.
  • And Grab may be interested in an investment from Alibaba due to its financial woes during the pandemic. 
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The Chinese e-tailer is in talks to invest $3 billion in the Southeast Asian ride-hailing firm, which was valued at approximately $14 billion in March 2019, Bloomberg reports. If the firms come to an agreement, it would expand on Alibaba’s existing interest in Southeast Asia (SEA): It has already invested $4 billion in Lazada, which is now its ecommerce arm in the region.

Alibaba Core Commerce Revenue

Alibaba may invest $3 billion in Grab.

Business Insider Intelligence

Working closely with Grab would enable Alibaba to

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Heritage Southeast Bank Hires DeeDee McIntyre as First Vice President, Senior SBA and USDA Lender

Heritage Southeast Bank announced today that it has hired DeeDee McIntyre as First Vice President, Senior SBA & USDA Lender. She will be responsible for generating new Small Business Administration (SBA) and United States Department of Agriculture Business and Industry loan opportunities for the bank. She will be based at the bank’s corporate office in McDonough, GA.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200909006011/en/

DeeDee McIntyre, First Vice President, Senior SBA & USDA Lender (Photo: Business Wire)

McIntyre is an accomplished business-focused banker who specializes in government guaranteed lending programs. She has worked in SBA and commercial lending positions throughout her career and recently served on the University of Georgia Small Business Development Center (SBDC) Statewide Advisory Council. She holds a Bachelor of Arts degree in Business Administration and Accounting from Piedmont College and a Master of Business Administration in Supply Chain Management from Clayton State

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