Softbank, ride hailing app Grab investing $2B in Indonesia

Softbank, ride hailing app Grab investing $2B in Indonesia

5 years ago
Anonymous $9jpehmcKty

https://apnews.com/1ed6d4ef39f24b169367b412bdcfaf94

JAKARTA, Indonesia (AP) — Japanese technology company Softbank and Southeast Asian ride hailing app Grab say they're investing $2 billion in Indonesia over the next five years.

Grab made the announcement after a meeting Monday between Indonesian President Joko Widodo and executives from Grab and its major investor Softbank.