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Jakarta – Grab Indonesia will benefit from the financial support of the center to develop innovation and markets in Indonesia.
As is known, until the end of this year, Grab should be able to raise funds of more than 3 billion USD. Although he did not mention the exact number of leases, Grab Indonesia CEO Ridzki Kramadibrata said his goal was to work significantly on this activity in Indonesia.
"Our interest in Indonesia is certainly important, of course, the use of this financing for the Indonesian market is an important thing," Ridzki told Jakarta on Wednesday (11/28/2018).
Of the many investors who have injected Grab, Ridzki said that he would use the fund from Toyota Motor Corp in the middle of this year. Last June, Toyota invested 1 billion US dollars in Grab's pockets.
"From there, it was actually mentioned, one of the objectives of the funding is the development of innovation and markets in Indonesia," he said.
"Beyond that, we want to improve the transportation process in Indonesia, including GrabCar, related to Toyota's technology for its experience in vehicle maintenance and optimization. let's use, "he continued.
 Ridzki Kramadibrata, General Manager of Grab Indonesia. Photo: Agus Tri Haryanto / detikINET |
Toyota's services will also be integrated deeper into Grab. This was revealed by Shigeki Tomoyama, executive vice president of Toyota, during the injection of this Singapore-based company.
"In the future, we will develop with Grab more attractive and safer services for our consumers in Southeast Asia," Shigeki said at the time.
This substantial capital increase certainly adds to Grab's ammunition in its efforts to dominate the market in Southeast Asia. After the acquisition of the Uber business unit, they are now preparing to deal with plans to expand Go-Jek to several countries in the region. (agt / afr)
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