SE Asia's Grab raises $2b in Toyota-led funding round
Southeast Asia-focused ride-hailing business Grab has raised $2 billion in its latest round of funding led by Japan’s Toyota Motor Corporation and involving a number of other global investors.
Additional participants in the round include Ping An Capital, Oppenheimer Funds, Lightspeed Venture Partners, and Macquarie Capital, along with Mirae Asset-Naver Asia Growth Fund, a vehicle established...
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