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Hyundai makes second investment of $342m in Grab

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SEOUL/SINGAPORE : Hyundai Motor Co has raised its stakes in growing South-east Asian markets with a US$250 million (S$342 million) investment in Singapore's Grab, its second in the ride-hailing firm, as it chases rivals in the race for new-age transportation. The investment...

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Hyundai raises Southeast Asia bet with second investment in Grab[SEOUL/SINGAPORE] Hyundai Motor Co has raised its stakes in growing Southeast Asian markets with a US$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. Read more at The Business Times.
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