Honda partners with Grab to help app expand bike-sharing in Southeast Asia

Honda Motor Co, the world's largest motorcycle maker, has become a strategic investor in startup Grab, the largest ride-sharing app in Southeast Asia, as part of a partnership to expand the latter's operations.

Grab's alliance with Honda is part of its expansion strategy for the region as it moves beyond traditional car-hailing, where it competes with Uber Technologies Inc.

Grab now offers a similar service with motorcycles where a driver will pick up passengers and give them rides, a business model pioneered in the region by Go-Jek.