HO CHI MINH CITY -- Grab's president downplayed reports that the ride hailer may merge with GoTo Group, after comments by Indonesian government officials fanned fears of a ride-hailing monopoly in the country.
Technology
Grab president downplays talk of merger with Indonesian ride-hailer GoTo
Bar for a deal would be 'very high,' Alex Hungate says at Vietnam business summit
Reports of a merger between Grab and GoTo, parent of Gojek, persist. A combination of the two ride-hailing companies would create a dominant player in Southeast Asia. (Photo by Yuki Kohara)
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