Uber’s Biggest SE Asia Rival, Grab, Buys Indonesian E-Commerce Platform

Grab, Uber Technologies Inc.’s biggest rival in Southeast Asia, will acquire Indonesian e-commerce startup Kudo for an undisclosed amount, striking its first deal since pledging to invest $700 million in its largest market. The purchase is aimed at beefing up …
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Uber’s Biggest SE Asia Rival, Grab, Buys Indonesian E-Commerce Platform was originally posted by ClaimsMate.com Insurance Information Resources