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(L-R) Anthony Tan, CEO of Grab; Masayoshi Son, Chairman & CEO of SoftBank Group; Luhut Binsar Panjaitan, Indonesia Coordinating Minister for Maritime Affairs; and Ridzki Kramadibrata, President of Grab Indonesia outside the Merdeka Palace in Jakarta after a meeting with Indonesia President Joko Widodo.
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Caption (L-R) Anthony Tan, CEO of Grab; Masayoshi Son, Chairman & CEO of SoftBank Group; Luhut Binsar Panjaitan, Indonesia Coordinating Minister for Maritime Affairs; and Ridzki Kramadibrata, President of Grab Indonesia outside the Merdeka Palace in Jakarta after a meeting with Indonesia President Joko Widodo.
Source Grab
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The group discussed Indonesia’s ambition of becoming the largest digital economy in Southeast Asia over the next few years, by focusing on investment opportunities in the technology sector and developing homegrown technology talent. After the meeting, Grab announced today it will invest US$2 billion into Indonesia over a period of five years with the capital invested by SoftBank, to accelerate the development of the country’s digital infrastructure.
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