July 29 - 09:07
115D
Grab uses SoftBank funds for $2 billion Indonesia investment
Grab is investing $2 billion to expand in Indonesia. The money, received from SoftBank, will be spent over the next five years and will help build a 'next-gen transportation network' in the country. Indonesia is Southeast Asia's most populous market. SoftBank is also weighing up investment in Indonesia's renewable energy sector.
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