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
With an impressive list of home-grown startups like Grab, ReferralCandy and 99.co, the island nation is also considered as the best place to start a new business.
Countries like Indonesia, Philippines, Cambodia, Vietnam, and Thailand present a huge opportunity for businesses across various sectors, thanks to growing urbanisation and economic growth
Grab has raised more than $6 billion in funding this year, with the latest rounds of funding from Chinese ride-hailing firm Didi Chuxing and Toyota Motor Corp