Toyota Is Investing $1 Billion in the Ride Hailing Company That Bought Uber’s Southeast Asia Business

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......»»

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

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......»»

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......»»

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

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

Ride-hailing company Uber Technologies Inc is aiming for a valuation of up to $91.5 billion in its initial public offering, potentially the largest U.S. listing in years and a test of investor appetite for a high-growth but highly unprofitable business......»»

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......»»

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’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......»»

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

Toyota has agreed to buy a $1 billion stake in Southeast Asia's Grab in the biggest investment by a carmaker into a ride-hailing firm, at a time when traditional automakers are racing to team up with disruptive tech companies......»»

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

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

The Japanese automaker will invest about $500 million Toyota Motor Corp. is expanding an alliance with Uber Technologies Inc. through a.....»»

Uber might put forth an initial public offering early next year that would value the ride-hailing business at as much as $120 billion, according to a report......»»

Uber might put forth an initial public offering early next year that would value the ride-hailing business at as much as $120 billion, according to a report......»»

Uber Technologies Inc's (NYSE: UBER) food delivery business Uber Eats has grown to become roughly "the same size" as the company's core ride-hailing business, former Uber Senior Vice President Emil Michael read more.....»»