JAKARTA -- Singaporean ride-hailer Grab hopes the way to Indonesians' hearts is through their stomachs.
Grab is putting relentless pressure on its Indonesian nemesis Go-Jek, most recently with a revelation to the Nikkei Asian Review that it plans to raise another $2 billion from investors and use much of the money to promote digital payments and other services on Go-Jek's home turf. Over the last year, Grab has invested heavily in the food delivery business there, as the dueling ventures attempt to become the go-to apps for much more than just transportation.
