Toyota announces biggest investment any automaker"s ever made in a ride-hailing firm

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......»»

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

The deal is one of Toyota’s largest investments.....»»

SINGAPORE (R.....»»

Toyota is placing a big bet on Southeast Asia's largest ride-hailing company......»»

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

SIN.....»»

Read full story for latest details......»»

Read full story for latest details......»»

Japanese automaker Toyota is investing $500 million in Uber and striking a partnership with the ride-hailing app company to pursue self-dr.....»»

Toyota Motor Corp (ADR) (NYSE: TM) is making an incremental investment in ride hailing company Uber's self-driving car project. read more.....»»

Uber executive Cameron Poetzscher, who played a key role in negotiating SoftBank’s investment in the ride-hailing firm, was disciplined after a probe found he had a pattern of making sexually suggestive comments about other co-workers......»»

Uber executive Cameron Poetzscher, who played a key role in negotiating SoftBank’s investment in the ride-hailing firm, was disciplined after a probe found he had a pattern of making sexually suggestive comments about other co-workers......»»

SoftBank Group Corp is closing in on a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia's biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said......»»

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.....»»

Hyundai Motor Co has raised its stakes in growing Southeast Asian markets with a $250 million investment in Singapore's Grab, its second in the ride-hailing firm, as it chases rivals in the race for new-age transportation......»»

Chinese ride-hailing firm Didi Chuxing on Wednesday announced a reorganization plan aimed at improving safety on its platform, as it works to address public and government concerns raised after the murders of two of its users......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

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A Cleveland Uber driver who made $109,000 in 2023 but took home only $17,000 shares the 3 reasons he can"t quit ride-hailing: "I continue to run into a brick wall".....»»