Toyota Invests in Uber Rival Grab to Extend Ride-Share Foray

  • Grab to share driving data with Toyota for connected services
  • Toyota participating in Grab’s fundraising round through unit

A Toyota Motor Corp. badge is displayed on the wheel hub of a vehicle inside the Toyota City Showcase exhibit at the company's Mega Web car theme park in Tokyo, Japan, on Friday, Feb. 3, 2017. Toyota is scheduled to report third-quarter earnings figures on Feb. 6.

Photographer: Kiyoshi Ota/Bloomberg
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Toyota Motor Corp. is pushing deeper into the ride-sharing business.