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Uber Rival Grab Rolls Out Indonesia Investment Plan - Wall Street Journal

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Wall Street Journal

Uber Rival Grab Rolls Out Indonesia Investment Plan
Wall Street Journal
Southeast Asian ride-hailing startup GrabTaxi Holdings Pte. Ltd. said it will invest $700 million in Indonesia over the next four years, as it battles to win market share in the country from Uber Technologies Inc. and homegrown startup PT Go-Jek Indonesia.
Grab is investing $100M in startups to help it battle Uber in Southeast AsiaTechCrunch
Uber's Southeast Asian Rival Just Announced Its Biggest Investment in Any CountryFortune
Grab will invest $700 mln in Indonesia in race against Uber, Go-JekInternational Business Times, Singapore Edition

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