In 2018, China, Japan and South Korea spent a combined $613 billion on R&D, bagging three of the top five spots globally. The private sector played the biggest role, accounting for about 78 per cent of the overall numbers.
The strategic partnership will result in overseas expansion of Tokyo Century's automobile business and Grab would now offer new leasing and car rental options
This new round of funding comes ahead of Gorilla Technology's announced participation at the upcoming Consumer Electronics Show (CES) conference in Las Vegas