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[-]  13-06-18 11:12

Reuters: Technology News
Toyota pumps $1 billion in Grab in auto industry's biggest ride-hailing bet
SINGAPORE (Reuters) - Toyota Motor Corp has agreed to buy a $1 billion stake in Southeast Asia's Grab in the biggest investment by a carmaker into a ride-hailing firm, at a time when traditional automakers are racing to team up with disruptive tech companies.

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