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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. Ed Giles reports.....»»

Amid SEC Crackdown, Southeast .....»»

Southeast Asia's Grab said Japan's Mitsubishi UFJ Financial Group Inc (MUFG) and IT services firm TIS Inc have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services......»»

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.....»»

Singapore is opening up its banking industry to digital lenders in a reform that could shake up the sector across Southeast Asia, with Chinese billionaire Jack Ma and ride-hailer Grab among those seeking licences......»»

Hyundai Motor and Uber have announced a new partnership to develop Uber Air Taxis for a future aerial ride share network and unveiled a new full-scale aircraft concept at the CES 2020......»»

U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease urban congestion......»»

U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor plan to jointly develop electric air taxis, they said on Tuesday, joining the race for flying cars to ease urban congestion......»»

South Korea's Hyundai Motor said on Tuesday it has signed a preliminary deal to build a new factory in Indonesia, which would be its first car plant in Southeast Asia and a crack at Japanese rivals that dominate the market......»»

Just next to Ho Chi Minh City's financial district, two dozen street vendors' stalls display colorful adverts for e-wallets backed by private equity firm Warburg Pincus, ride-hailing firm Grab and Singapore sovereign wealth fund GIC, among others......»»

Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said......»»

Grab expects to raise another $2 billion from strategic investors this year, the CEO of Southeast Asia's biggest ride-hailing firm said, just weeks after it announced funding of over $4.5 billion in the region's largest private financing round......»»

Investors in Hyundai Motor Group companies are due to meet on Friday to vote on U.S. hedge fund Elliott Management's demands for a massive special dividend and board makeover, in the latest case of shareholder activism in the Asian country......»»

South Korean automakers Hyundai Motor Co and Kia Motors Corp will together invest $300 million in Indian ride-hailing platform Ola, playing catch-up in the global race to invest in mobility firms......»»

Grab made headlines last month when it announced it was buying Uber's business in Southeast Asia, driving the ride-hailing giant out of several fast-growing markets such as Indonesia and Thailand......»»

One of Southeast Asia’s most valuable startups is making another grab for new money. Ride-hailing company Grab, which recently acquired Uber’s business in Southeast Asia, is in talks to raise up to $1 billion in fresh funds......»»

Uber shut down its app in Singapore Monday, as the U.S. ride-hailing company and rival Grab press on with their Southeast Asia consolidation while regulators consider the impact on drivers and passengers......»»

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

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

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.....»»