Grab, a ride-hailing platform with significant market share in Southeast Asia, today launched its ‘Grab 4 Indonesia’ 2020 master plan, endorsed by Badan Koordinasi Penanaman Modal (BKPM), the Government of Indonesia’s Investment Coordinating Board.
Under the plan, Grab will invest $700 million in Indonesia over the next four years to support the nation’s goal of becoming Southeast Asia’s largest digital economy by 2020.
