Grab goes big on Indonesia with US$700m road map

February 03, 2017

GRAB will be investing US$700 million in Indonesia over the next four years – the largest investment the ridehailing app has made in a single country, The Business Times has learnt. The sum is in fact nearly half what Grab has raised in total private equity and venture capital (US$1.43 billion) since its incorporation in 2012.  Read more

Source: The Business Times