Toyota invests in ride-hailing firm Grab

Toyota grabs Grab Japanese car manufacturer Toyota announced on Wednesday that it will invest $1 billion in Singapore-based ride-hailing firm Grab. Although many people attribute ride-hailing and ride-sharing with companies like Uber and Lyft, Grab has made a name for itself in Asia. In fact, the company bought out Uber’s Southeast Asia back in March, […]
  • Ben Norman
  • June 15, 2018
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Grab Acquires Uber’s Foothold in Southeast Asia

Uber Technologies is experiencing global challenges. Grab has procured Uber in Southeast Asia. Grab is a ride-hailing and logistics service based in Singapore. Its services are available in most of its neighboring countries in Southeast Asia. These include countries like Malaysia, Indonesia, Philippines, Vietnam and so on. The company has excelled in recent years such […]
  • Crystal Ng
  • March 29, 2018
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Asian Ride-Hailing Company Grab Has Raised 2 Billion and Counting in Latest Investment Round

China’s most prominent ride sharing company, Didi Chuxing, and SoftBank, a leader in the Japanese telecommunications and internet services industries, have invested a combined $2 billion in southeast Asian ride-hailing company Grab, Johana Bhuyan of recode.net reports. Grab expects to collect an additional $500 million dollars during this round of funding. It will use the […]
  • William Van-Lear Black
  • July 24, 2017
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