Saturday 22 September 2018
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Reuters
3 months ago

Toyota pumps $1 billion in Grab in auto industry s biggest ride-hailing bet

SINGAPORE (Reuters) - Toyota Motor Corp 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 compani

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