Source The Hill
Toyota on Wednesday announced a $1 billion investment in the Southeast Asian ride-hailing company Grab.
Toyota said the investment is meant to enhance the collaboration between the two companies. Grab will now place an executive for Toyota on its board.
Grab and Toyota began collaborating last August on data services.
Read the complete article at http://thehill.com/policy/transportation/automobiles/392132-toyota-invests-1-billion-in-southeast-asian-ride-hailing
