Automotive manufacturer Honda invested an undisclosed amount in Singapore-based ride hailing platform Grab on Monday as part of a strategic partnership agreement. Grab received an undisclosed amount of funding from financial services firm Tokyo Century earlier this month, after raising a total of more than $1.4bn from investors including telecommunications and internet group SoftBank, ride ordering service Didi Chuxing, online travel agency Qunar, China Investment Corporation, Coatue Management and Tiger Global Management.
Carmaker BMW made a strategic investment in US-based…
