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Toyota invests $1B in Southeast Asian ride-hailing giant Grab

Toyota announced Wednesday it will invest $1 billion in ride-hailing giant Grab, valuing the six-year-old company headquartered in Singapore at approximately $10 billion. It represents the largest investment by an automaker in ride-hailing and is the fourth for Toyota in the sector. The automaker... read more

June 13, 2018 by
 
 

 
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