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In brief: South Korean car-sharing firm nabs $44m to improve services
SoCar, a South Korean car-sharing company, has received US$44 million in new funding from Altos Ventures, KB Investment, Stonebridge Ventures, and SoftBank Ventures. SoCar will use the fresh capital to invest in research and development to improve its mobility services.
Source: The Investor
Editing by Eileen C. Ang
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