HYMPY - Hyundai And Kia Bet $250M On Grab
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Grab twice: Hyundai (HYMPY) and Kia poured $250M into ride-hailing company Grab (GRAB) in an ongoing round expected to reach $3B by the end of the year. The investment adds to partnerships with the automakers to deploy electric vehicles.
Thailand’s Kasikornbank PLC invested $50M in Grab for a partnership that will bring the GrabPay digital