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T he promise of South-East Asia has long been obvious to venture capitalists. Its young and growing population of 700m is ...
A Grab Indonesia spokesperson recently noted that although Grab is legally registered as a foreign investment company, its operations in Indonesia are entirely led by local talent. The spokesperson ...
Grab (GRAB, Financials) said Monday it is not in talks to acquire Indonesian rival GoTo, pushing back on recent reports of a potential $7 billion deal involving Indonesia's sovereign wealth fund ...
Southeast Asian ride-hailing and payments firm Grab has increased its stake in Indonesian e-wallet OVO as part of ownership restructuring, a deal pending regulator approval, the Indonesian firm ...
In Indonesia, GoTo will sell its entire operations except its finance arm to Grab, one of the two sources added. Deal terms are not finalised and could change as the two companies are still in ...
JAKARTA, Indonesia, April 23, 2025 /PRNewswire/ -- Vantage Markets, in collaboration with its charitable arm, Vantage Foundation through the #TradeforHope initiative, has successfully supported ...
Indonesia is preparing to launch regulations fixing the rates drivers and riders for ride-hailing services such as Grab and Go-Jek receive, two government officials said this week, creating ...
Southeast Asian Uber competitor Grab is facing a heavy backlash in one of its biggest markets, Indonesia, for a gory ad it posted on YouTube. Grab's ad was promoting its motorcycle-hailing service ...
In a stock exchange filing, Grab said it has not entered into any definitive agreements and is not involved in any discussions with PT GoTo Gojek Tokopedia. GoTo separately told the Jakarta bourse ...
U.S.-listed ride-hailing and food delivery company Grab is looking to strike a deal to take over smaller Indonesian rival GoTo in the second quarter, two sources with knowledge of the matter said.