Ride-hailing firm Grab said on Wednesday it will invest $500 million in Vietnam ...
FILE PHOTO: A Grab motorbike helmet is displayed during Grab's fifth anniversary news conference in Singapore, June 6, 2017. REUTERS/Edgar Su/File Photo
The company will expand its transport, food and payments networks in the country, Grab said in a statement. “The country’s rapidly developing economy and emerging middle class population makes it ripe for the adoption of digital services,” he said. Last month, Grab unveiled a plan to invest $2 billion in Indonesia, the region’s most populous market, where it aims to build a next-generation transport network and transform how critical services such as healthcare are delivered.
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