Didi-backed ride-hailing platform Grab Holdings Inc. (Grab) announced that it has raised US$2 billion for its current round of financing. Last month, Japanese automaker Toyota Motor Corporation has announced a US$1 billion investment in Grab. Toyota has been joined by investors including Ping An Capital, Oppenheimer Funds, Lightspeed Venture Partners, Mirae Asset – Naver Asia Growth Fund, Cinda Sino-Rock Investment Management Company, All-Stars Investment, Vulcan Capital, Macquarie Capital among others. “We are honoured to welcome these top-tier financial institutions into …

Ping An Capital Joins $2B Funding Round In Southeast Asia’s Ride-hailing Firm Grab appeared first on China Money Network.