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February 2, 2017 04:52 am GMT

Grab is investing $100M in startups to help it battle Uber in Southeast Asia

grab2Grab is upping its battle against Uber in Southeast Asia by announcing a flurry of new initiatives in Indonesia, the region’s largest economy and world’s fourth most populous country, which include setting aside $100 million to invest in startups. Today the company, which isvalued at $3 billionand claims 33 million downloads, announced what it is dubbing “Grab 4… Read More

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