SINGAPORE -- Southeast Asia's largest ride-hailing service, Grab, on Wednesday said it will accept a total of $250 million of new investment from Hyundai Motor Group's automotive affiliates, Hyundai Motor and Kia Motors, as part of the company's current fundraising round, which it expects to reach $3 billion by the end of the year.
Hyundai will invest $175 million, while Kia will chip in $75 million. Hyundai invested $25 million in Grab in January.
