Hyundai, Kia to Invest $300 mln in Indian Ride-hailing Firm

SEOUL, Mar. 19 (Korea Bizwire) — Hyundai Motor Co. and its affiliate, Kia Motors Corp., will invest a combined 338.4 billion won (US$300 million) in India’s biggest ride-hailing firm, Ola, in their single biggest investment ever, Hyundai said Tuesday. Hyundai Motor and Kia Motors will invest $240 million and $60 million, respectively, in Ola to [...]