Grab rises on investment in Vay Technology
Updates ** U.S.-listed shares of Singaporean technology company Grab Holdings GRAB.O rise 5.2% to $5.86 ** Co announces investment in Berlin-based Vay Technology, which develops remote driving tech and related mobility services ** GRAB to initially invest $60 mln, plus $350 mln on meeting post-closing milestones ** Up to last close, stock has risen 17.8% this year (Reporting by Anhata Rooprai in Bengaluru) ((Anhata.Rooprai@thomsonreuters.com))
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