Business / Corporate Feb 20, 2020

MUFG Bank to invest ¥80 billion in ride-hailing service Grab

MUFG Bank will form a capital and business alliance with Singapore-based ride-hailing service Grab, with the view to collaborating on retail financial services, sources have said. The major Japanese bank, together with its group companies, will invest up to ¥80 billion (about $720 million) in ...