Toyota will have its TransLog device installed into 100 Grab rental cars.
TOKYO/SINGAPORE: Toyota Motor Corp's trading arm became the latest participant in ride-hailing firm Grab's current financing round that is expected to raise US$2.5bil (RM10.6bil), led by Chinese peer Didi Chuxing and Japan's SoftBank Group Corp.
Toyota Tsusho Corp, in which Toyota Motor is the biggest stakeholder, has invested an undisclosed sum in Grab, the companies said in separate statements on Wednesday.
