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Singapore's Grab to invest $60 million in remote driving firm Vay
Yahoo Finance· 2025-11-10 13:01
(Reuters) -Grab Holdings will invest $60 million in remote driving firm Vay Technology, the Singaporean firm said on Monday, sending its shares up more than 6% in premarket trading. The company is trying to leverage its ride-hailing platform to tap into autonomous vehicles, which are largely seen as the future of mobility and a potential disruptive force for companies such as Grab and Uber. "The future of mobility in Southeast Asia will be a hybrid model that relies on the expertise of our driver-p ...