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Hyundai makes second investment of $342m in GrabSEOUL/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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SoftBank's Vision Fund nearing $1.5 billion investment in South East Asia's Grab: sourceSoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said. Six-year old Grab has so far raised over $6.5 billion, led by SoftBank
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Tokyo Century raises total investment in Grab to US$175mJAPANESE financial services company Tokyo Century has made an additional undisclosed investment in Grab, as well as a capital injection in its car rental arm Grab Rentals, taking its cumulative investment in the ride-hailing platform to US$175 million. Read more at The Business Times.
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Grab investor Tokyo Century raises total investment in ride-hailing start-up to US$175mSINGAPORE - Japanese financial services company Tokyo Century has made an additional undisclosed investment in Grab, as well as a capital injection in its car rental arm Grab Rentals, taking its cumulative investment in the ride-hailing platform to US$175 million (S$237.8 million) .. Read more at straitstimes.com.
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