Hyundai reportedly invested tens of billions of won to acquire a stake in Grab so it could get the opportunity to provide vehicles to the Singapore-headquartered company's car-hailing services.
Hyundai Motor is joining hands with Southeast Asian ride-hailing service Grab to break into one of the world's fastest-growing markets.
"As we move into the next stage of Grab's growth, we look forward to collaborating closely with Hyundai to continue innovating new mobility solutions for Southeast Asia", said Grab's Co=-Founder and CEO, Anthony Tan.
"Hyundai Motor Group's ongoing collaboration with top global technology companies is a testament to our "Open Innovation" spirit that will prepare us for continued leadership as transportation and mobility undergo an unprecedented evolution", said executive Vice President of Hyundai's Auto Intelligence Division, Seung Ho Hwang. Other investors in this Series G funding round - Grab's largest so far - include China's ride-hailing giant Didi Chuxing, SoftBank and Toyota Tsusho.
Taking a Fresh Look at Activision Blizzard, Inc. (ATVI)
As per Tuesday, May 10, the company rating was downgraded by Guggenheim. 127,430 were reported by Alphaone Invest Limited Co. New England Research & Management Inc. lifted its position in shares of Activision Blizzard by 17.0% during the 4th quarter.
NHL: Ryan Suter, Devan Dubnyk help Wild beat Blackhawks 2-1
NOTES: D Mark Borowiecki (concussion), Johnny Oduya (lower body) and C Nate Thompson (lower body) did not play for the Senators. But things were back to normal for Seabrook on Wednesday when he returned to the lineup against the Minnesota Wild .
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The president was expected to sign the bill at a later date for technical reasons. $200-plus billion: Infrastructure . If that trend continued that would mean that Democrats would regain majorities in both the House and the Senate .
According to the release, the deal is part of Hyundai's "efforts to transform people's lives with disruptive technologies and services that materialize its visions for future mobility - clean, connected and freedom in mobility".
Hyundai's interest in Southeast Asia has grown since South Korean companies were targeted previous year in a Chinese backlash over Seoul's decision to deploy a US missile defence system against Beijing's objections. They did not disclose the value of Hyundai's investment. Partnering with WaiveCar, Hyundai in January 2017 launched a car-sharing program that runs on advertising money, using Ioniq Electric model in the US. Ioniq is the world's first model that offers three electrified powertrain-hybrid, plug-in hybrid and pure battery electric - in a single body type.
This latest round of investment by industry bigwigs should bolster Grab's position in Southeast Asia where it competes with key rivals such as the embattled Uber in markets like Singapore and Malaysia, as well as Go-Jek in Indonesia.
The bill calls for using existing tax credits to achieve a permanent reduction in both corporate and individual income taxes. In October, the forecasting board projected a shortfall of about $200 million for the budget year ending June 30, 2019.
FCA's Milan-listed shares closed up 1 percent on Monday at 18.11 euros, having touched an intraday peak of 18.48 euros. The stock of Kite Realty Group Trust (NYSE:KRG) has "Neutral" rating given on Tuesday, December 13 by Citigroup.
And when he asked her to hang out, she said, 'I wish it were that easy; I've got exams and things like that'. They believe we can". "Reggie Lynch has been robbed of opportunity for fair investigation and hearing".
He denied suggestions in a report in the Washington Post that he had said "take them out", in reference to Haitians. Trump was taping a message in the State Dining Room on Thursday afternoon for Martin Luther King Jr.
Also on board many models is the company's ThinQ AI, which supports voice commands via LG's own, or third party services. This includes the addition of the new α (Alpha) 9 processor and its ability to reproduce "true-to-life" images.
For now, it's the French who are unhappy with the technology and let GoalControl know that its contract could be terminated. LFP said in a statement that GoalControl had been warned last month after some errors in the earlier stage of the season.
The Prime Minister observed that some people say that today's youth does not have "Dhairya" or patience. It is India's youth that is taking the Swachh Bharat Mission to new heights, the Prime Minister said.
However, Minister of State at the Department of Finance Patrick O'Donovan said he had a "different view". Minister Donohoe said he believes the proposal made by the committee should be put to the people.
He was released on bail by the Supreme Court after having remained in jail for over two-and-a-half months. The RJD chief was jailed on December 23 after a special CBI court convicted him in a fodder scam case.
Turkey entered the war in Syria on the U.S.'s side, but has grown increasingly distant over USA support for Kurdish militants. Ankara has also summoned ambassadors of Russian Federation and Iran for expressing displeasure on Damascus attacks in Idlib.
Akshat Verma, in his directorial debut, seems to have lost his hold over the characters while writing the script. "Proud of you. These words from Aamir gave a sigh of relief to Akshat, who has previously confessed being anxious.
Atletico breeze into Copa del Rey quarters
Simeone added: "I have no doubt that Costa has been the most important player who has come to Atletico in recent years". And he scored a volley against Lleida , his first goal for his new side following his move from Sevilla.
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Css Llc decreased its stake in Lam Research Corp (Call) (LRCX) by 50% based on its latest 2017Q3 regulatory filing with the SEC. SunTrust maintained the stock with "Buy" rating in Tuesday, December 26 report. 0 analysts gave its stock an Outperform rating.
NAACP plans to protest Trump's visit to Atlanta
Now, a group called Refuse Facism ATL says it is organizing a "Take a Knee" protest against the President outside of the stadium. The white was meant to mock the "snowflake" insult that Trump supporters have made against those who oppose the USA president.
'Fire and Fury' Is 'Grotesque' and 'Fiction': Stephen Miller
Trump wrote on Twitter on Sunday, after Tapper chose to end the conversation with the White House senior adviser for policy. Wolff, who made several West Wing visits during Trump's first year in office, interviewed scores of people close to Trump.
Next enjoys belated Christmas present as sales surge
The retailer expects total full-price sales this year to nudge up 0.3 per cent, rising to 1 per cent next year. The company said part of this improvement has been down to much colder weather leading up to Christmas.
Kenya open sales for NY flight
From New York, flights will depart at 12:25 pm to land in Nairobi at 10.55 am, the following day. It is said to be the first non-stop flight between East Africa and the United States of America.
Westbrook: NBA title is best sales pitch to George
The recruiting pitch started pregame, the occasional voice from the stands at the Staples Center calling out to Paul George . George and his agent should get their stories straight, because the questions will only mount as free agency draws closer.