ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business Insight

Grab deal with Uber poses awkward local identity questions

Rising financial protectionism likely as new economy crosses borders

Is Grab less Indonesian than Go-Jek? Similar questions may be asked about other online services including payments systems.   © Reuters

Shortly after news broke in early April that Uber was retreating from Southeast Asia and taking a stake in Grab, a Singapore-based ride-hailing rival, rumors began circulating that Grab's co-founder Anthony Tan would move to Indonesia, the region's biggest market, where both companies have been expanding fast. For the moment, Tan appears to be staying put, but the deal poses difficult questions about globalization, local identity and competition in an increasingly protectionist global environment.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more