Mitsubishi UFJ Financial Group, Inc. invested in GrabTaxi Holdings Pte Ltd.

Mar 17, 2020
Investments
Background Information
GrabTaxi Holdings Pte Ltd. engages in management consultancy activities. It develops an application software, which provides location based smartphone booking and dispatching services for the taxi industry. The company was founded by Anthony Tan and Hooi Ling Tan in 2012 and is headquartered in Singapore.
Mitsubishi UFJ Financial Group, Inc. operates as a holding company, which provides financial services through its subsidiaries. It operates through the following segments: Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group, Global Markets and Others. The Integrated Retail Banking Business Group segment manages domestic business that provides retail banking services, which includes commercial and trust banking; securities trading; and retail product development, promotions, and marketing. The Integrated Corporate Banking Business Group segment covers all domestic corporate businesses, including commercial banking, investment banking, trust banking, and securities businesses. The Integrated Trust Assets Business Group segment provides asset management and administration services for pension and security trusts, in addition to consultation services for pension management schemes and payouts. The Integrated Global Business Group segment covers businesses outside of Japan. The Global Markets segment offers assets and liability management, strategic investment, foreign exchange operations and financial products. The Others segment operates corporate centers of related companies. The company was founded on April 2, 2001 and is headquartered in Tokyo, Japan.