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| August 17, 2018

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Toyota Plans Billion-Dollar Investment in Ride-Hailing Startup Grab -

The deal is one of Toyota’s largest investments outside of its core business of making cars. Chief Executive Akio Toyoda, who has said the automotive business will be in jeopardy in a future of self-driving and shared vehicles, has pushed his company to break into new businesses to ensure its survival.
WSJ.com: What’s News Asia

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