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Expect United for Indonesia campaign to revive economy: Lutfi
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Grab, Emtek Group launch joint initiative to digitise SMEs in Indonesia
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Everything you need to know about the Grab IPO Everything you need to know about the Grab IPO
Joshua Warner April 19, 2021 3:31 PM
Grab is set to become the largest Southeast Asian company to go public in the US through the biggest-ever SPAC deal on record. We explain everything you need to know about Grab and its listing to ensure you’re ready to trade Grab shares when they go live. Share:
When is Grab going public?
Grab Holdings outlined its intention to go public in April when it unveiled plans to merge with a Special Purpose Acquisition Vehicle (SPAC) named Altimeter Growth. The deal should be completed in the ‘coming months’ with hopes Grab shares will be trading on the Nasdaq by the end of July under the ticker ‘GRAB’.
Grab forges partnerships to expand payments, F&B businesses in Indonesia
February 9, 2021
Southeast Asian ride-hailing decacorn Grab has forged two separate partnerships in Indonesia to expand its services in the payments and food & beverages space.
In payments, Grab is partnering UniPin, a payment solutions provider for online games, the company announced on Tuesday. The partnership allows gamers to top up their digital wallets through Grab’s platform from Feb. 1 in Indonesia. Grab users can buy UniPin game vouchers costing Rp10,000-500,000 ($0.72-35.87), to play games like PUBG mobile, Steam, Minecraft, Garena Shells, and many more.
Nine-year-old UniPin is one of the most popular web-based gaming top-up platforms in Indonesia.
IN FOCUS: How Singaporean companies in Indonesia are faring as COVID-19 disrupts business Toggle share menu
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Batam Center Point International Ferry Terminal. (Photo: Kiki Siregar)
13 Jan 2021 10:04AM) Share this content
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JAKARTA: Less than an hour by ferry from Singapore, Batam Center Point International Ferry Terminal is the entry point for Singaporeans doing business in Indonesia’s free trade zone Batam.
For years, it has been a busy terminal with crowds of people arriving and departing the harbour daily.
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But everything changed when COVID-19 struck in early 2020.
Many countries moved to limit travel, including Indonesia and Singapore. When CNA visited the ferry terminal at the end of November, it was almost empty with barely anyone in sight.
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