Toyota pumps $1 billion into Grab in major ride-hailing bet

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Singapore-based ride-hailing firm Grab is set to invest "several hundred million dollars" in Vietnam where the company sees its next major growth market, just weeks after it unveiled a $2 billion plan in Indonesia......»»

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......»»

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

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

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

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

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

Grab, which is similar to Uber in the U.S., is in eight nations in the region, including Malaysia, Singapo.....»»

BloombergToyota Makes $1 Billion Ride-Hailing Bet on Grab StakeBloombergToyota Motor Corp. is making its largest bet to date on ride hailing with a $1 billion investm.....»»

CNNMoneyToyota makes record $1 billion investment in ride-hailing firm GrabCNNMoneyThe Japanese company is pumping $1 billion into Singapore-based Grab -- the.....»»

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......»»

Fox Business Briefs: Toyota is making huge bet and investing $1 billion into Singapore-based ride hailing firm Grab......»»

If the $40 billion deal between Grab and Altimeter goes through, it would make for the largest SPAC deal on record. Tan Hooi Ling is a co-founder of Grab and the current COO. S3studio/Getty Images Altimeter Capital is i.....»»

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......»»

Grab, which was valued at $14 billion in March this year, faces a $2 billion payout to Uber if it doesn't go public by March 2023. Uber, a rival ride-hailing app, holds a 27.5% stake in Grab......»»

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......»»

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......»»