Hyundai invests in Grab to gain 'foothold' in Southeast Asia ride-hailing market

Hyundai invests in Grab to gain 'foothold' in Southeast Asia ride-hailing market

SEOUL (Reuters) – South Korea’s Hyundai Motor Co said on Thursday it had invested in Southeast Asian ride-hailing firm Grab, as it seeks to expand into the region to reduce its reliance on China following a damaging diplomatic row between Seoul and Beijing.

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