Grab to launch geo-mapping services in Indonesia this year amid EV push

Ridzki Kamadibrata at the Indonesia PE-VC Summit 2020. Photo by DealStreetAsia

Southeast Asian ride-sharing firm Grab is targeting to launch its high definition (HD) mapping in the region’s most populous market, Indonesia, this year.

Speaking at the Indonesia PE-VC Summit 2020 in Jakarta last week, Grab Indonesia president Ridzki Kramadibrata said the ride-hailing startup is in the midst of developing maps that are built with self-driving vehicles in mind.

“We have launched our electrical vehicle (EV) initiatives and e-healthcare product with partners last year. In terms of HD mapping, we have many initiatives in place. We believe sometime this year, we will be able to materialize it,” he said.

In July last year, SoftBank earmarked an investment of $2 billion in Indonesia via Grab.  The Singapore-headquartered firm later kicked off its electric vehicle ecosystem investment through its collaboration with the government and corporate leaders such as Hyundai, Astra Honda Motor and Gesits. It also launched its e-healthcare platform by partnering with Ping An Good Doctor.

Edited excerpts from a fireside chat with Ridzki Kramadibrata:-

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In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

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  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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