Grab

Grab is the biggest ride-hailing firm in Southeast Asia

Official says a piece of the property is being used for cattle rearing

Bhumjaithai Party campaigned in this year’s election on a promise to legalise ride-hailing services

The company will expand its transport, food and payments networks in the country

It has seen its business grow rapidly since it bought Uber's regional ride-hailing and food business last year

The proposed investment is part of Oyo’s ongoing $1 billion funding round

In March in exchange for a 27.5 per cent stake in the Singapore-based firm

The deal has invited regulatory scrutiny in the region with the Competition and Consumer Commission of Singapore

Earlier this year, it bought Uber’s regional operations

The Southeast Asian nation and some other countries have been grappling with how to regulate ride-hailing companies