Toyota on Tuesday pumped $1 billion into Grab, the Singapore-based ride-sharing firm that bought out one-time rival Uber in Southeast Asia. The investment makes Toyota the largest global automaker involved in ride-sharing. By comparison, GM has invested about $500 million in Lyft in the U.S. MORE: Uber costs less than driving in some cities In the... Toyota invests $1B in Uber's Asian ride-share rival
June 13, 2018 at 09:16 AM EDT
Toyota on Tuesday pumped $1 billion into Grab, the Singapore-based ride-sharing firm that bought out one-time rival Uber in Southeast Asia. The investment makes Toyota the largest global automaker involved in ride-sharing. By comparison, GM has invested about $500 million in Lyft in the U.S. MORE: Uber costs less than driving in some cities In the...
Toyota on Tuesday pumped $1 billion into Grab, the Singapore-based ride-sharing firm that bought out one-time rival Uber in Southeast Asia. The investment makes Toyota the largest global automaker involved in ride-sharing. By comparison, GM has invested about $500 million in Lyft in the U.S. MORE: Uber costs less than driving in some cities In the... 