Hyundai invests $250m in Southeast Asia's Grab
South Korean car maker Hyundai Motor Group has joined the latest funding round for Southeast Asia ride-hailing app Grab, committing $250 million to deepen the two companies’ existing relationship.
The investment by Hyundai follows commitments last month from online travel site operator Booking Holdings and Microsoft, and expands the size of the latest funding round to $2.7 billion, according to...
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