Softbank is all set to pour 1$ Bn in Southeast Asia’s ride-hailing major Grab, according to TechCrunch. SoftBank, which is already the largest shareholder of Grab, will reportedly make the investment through its SoftBank Vision Fund. The investment could reach as much as $1.5 Bn, TechCrunch claimed after citing an unnamed source.
Softbank and Grab have…
Auto giant Toyota to invest in Grab.
Grab, Southeast Asia’s largest cab hailing company, announced on Wednesday that it will raise $1 billion from Japanese auto giant Toyota. Last year, Toyota had invested in Grab through its investment arm Next Technology. However, this time the Japanese auto giant has invested in the cab-hailing major on its…
