Singapore's Grab raises $1.5 billion from SoftBank fund

Business / Corporate Mar 6, 2019

Singapore's Grab raises $1.5 billion from SoftBank fund

Leading Southeast Asian ride-hailing provider Grab raised about $1.5 billion from SoftBank Group Corp.'s Vision Fund, bankrolling its effort to expand into new services across the region. The funding brings the amount of money the company has collected from investors in the past year to ...

Urban Japan trying its hand at bicycle-sharing

Reference | FYI May 1, 2017

Urban Japan trying its hand at bicycle-sharing

by Kazuaki Nagata

The so-called sharing economy has spread to a variety of fields such as cars and homes, and Japan has seen another rising trend in recent years — bicycles. A growing number of municipalities and private firms are providing bikes to gauge whether such services will ...

Business / Corporate May 25, 2016

Toyota to invest in Uber, offer leasing to drivers

Toyota Motor Corp. said it is making a strategic investment in Uber Technologies Inc. as automakers race to align themselves with the fast-growing ride-hailing industry. The companies will also work together on offering auto leases to Uber drivers. The investment is small, and Toyota has ...