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Toyota Motor to invest $1 billion in ride-hailing firm Grab

SINGAPORE (Reuters) - Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company's ongoing financing round, which was launched after it bought Uber Technologies' regional business......»»

Category: topSource: reutersJun 12th, 2018

The Wall Street Journal: Toyota to invest $1 billion in ride-hailing startup Grab

Toyota Motor Corp. said Wednesday that it plans to invest $1 billion in Southeast Asian ride-hailing firm Grab Inc......»»

Category: topSource: marketwatchJun 13th, 2018

The Wall Street Journal: Ride-hailing startup Grab is in talks to go public through SPAC merger

Grab Holdings Inc. is in talks to go public through a merger with a SPAC that could value the Southeast Asian ride-hailing startup at as much as $40 billion, making it by far the largest such deal on record......»»

Category: topSource: marketwatchMar 11th, 2021

Ride-Sharing Company Grab Raises $856M, Seeks To Expand Its Financial Services

SoftBank Group Corporation (OTC: SFTBY) backed Grab, a ride-hailing company operating in Southeast Asia, is raising more than $850 million from Japanese firms Mitsubishi UFJ Financial Group Inc read more.....»»

Category: blogSource: benzingaFeb 25th, 2020

SoftBank-backed Grab raising $856 million from Japanese investors

Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc , as it seeks to expand aggressively into financial services......»»

Category: topSource: reutersFeb 25th, 2020

Grab commits $2 billion to Indonesia with SoftBank"s backing

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital from Japan's SoftBank Group Corp, marking its biggest commitment in the region's most populous market......»»

Category: topSource: reutersJul 29th, 2019

Grab to invest $2 billion in Indonesia using funds from SoftBank

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japan's SoftBank Group Corp, which wants to increase its exposure to the region's most populous market......»»

Category: topSource: reutersJul 29th, 2019

Grab says to invest $2 billion in Indonesia using funds from SoftBank

Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japanese technology investor SoftBank Group Corp ......»»

Category: topSource: reutersJul 29th, 2019

Toyota to invest $1 billion in Southeast Asian ride-hailing firm Grab

SINGAPORE (R.....»»

Category: topSource: reutersJun 13th, 2018

Toyota just sunk another $1 billion into Asian ride-sharing giant Grab

Business Insider/Jonathan Loh   It’s the second major investment in ride-share giant by Toyota Values Grab around $7 billion Recently.....»»

Category: topSource: businessinsiderJun 13th, 2018

Toyota investing $1 billion in ride-hailing company Grab

Japan's top automaker Toyota Motor Corp. is investing $1 billion in Grab, the leading ride-hailing company in Southeast Asia......»»

Category: topSource: moneycentralJun 13th, 2018

Toyota just sunk another $1 billion into Asian ride-sharing giant Grab - Business Insider

Business InsiderToyota just sunk another $1 billion into Asian ride-sharing giant GrabBusiness InsiderToyota is investing a further $1 billion in ride-sharing gia.....»»

Category: topSource: googlenewsJun 13th, 2018

Toyota to Invest $1 Billion in Ride-Hailing Startup Grab

Toyota’s $1 billion investment in Southeast Asian ride-hailing firm Grab reflects CEO Akio Toyoda’s view that the company needs to expand beyond making cars to survive......»»

Category: smallbizSource: wsjJun 13th, 2018

Uber-Grab Deal Reduced Competition, Singapore"s Antimonopoly Watchdog Finds

Uber’s merger with Southeast Asian rival Grab hit a road bump after regulators said the deal reduced ride-hailing competition in the city......»»

Category: smallbizSource: wsjJul 5th, 2018

Why Fintech Could Be the Next Frontier for the Ubers of the World

The opportunity could be 20 times bigger than cars. In March, Uber merged with Grab, allowing the Southeast Asian ride-hailing rival to t.....»»

Category: europeSource: fortuneJul 16th, 2018

Why Fintech May Be the Future of Ridehailing for Grab, Uber

The opportunity could be 20 times bigger than cars. In March, Uber merged with Grab, allowing the Southeast Asian ride-hailing rival to t.....»»

Category: europeSource: fortuneJul 16th, 2018

Grab Nabs Another $1 Billion in Its Quest for Asia Ride-Hailing Dominance

Despite ongoing uncertainties about its acquisition of Uber's Southeast Asian business, investors are wild for Singapore's Grab. Singapore’s Grab grabtaxi.....»»

Category: europeSource: fortuneAug 2nd, 2018

Philippines Greenlights Grab-Uber Deal, With Strings Attached

Philippine competition authorities have cleared the way for Southeast Asian ride-hailing firm Grab to dominate the local market, approving its deal with Uber but imposing restrictions on services and threatening fines for breaches......»»

Category: smallbizSource: wsjAug 10th, 2018

Microsoft to invest in Southeast Asian ride-hailing firm Grab

Microsoft Corp is investing in Southeast Asian ride-hailing firm Grab as part of a partnership that the two companies said will allow them to collaborate on technology projects, including big data and artificial intelligence......»»

Category: topSource: reutersOct 8th, 2018

Microsoft Invests in Ride-Hailing Company Grab in Southeast Asia Push

The companies call it a "broad collaboration." Microsoft is strengthening its relationship with Grab. The tech giant on Monday announced that it has made a “strategic investment” in the ride-hailing company.....»»

Category: europeSource: fortuneOct 9th, 2018