Toy­ota plans bil­lion-dol­lar in­vest­ment in ride-hail­ing startup Grab

StarMetro Toronto - - BIG OPINIONS -

Toy­ota Mo­tor Corp. will in­vest $1 bil­lion in South­east Asian ride-hail­ing firm Grab Inc., re­flect­ing Chief Ex­ec­u­tive Akio Toy­oda’s view that the com­pany needs to ex­pand be­yond mak­ing cars to sur­vive.

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