Analysis
Grab CEO Anthony Tan reportedly met with President Prabowo.
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The Indonesian government considers the ride-hailing industry a vital part of the economy.
The SWF’s role rekindles debate over the lines between policy, regulation and investment.
M&As involving Indonesia’s consumer sector firms dominated the headlines.
The injection would amount to around $1.43 billion.
Walujo is reportedly perceived as opposed to a takeover by Grab.
Deals
Also read about the startup fundraising scene in India in Q3 2025.
Private Equity
The issue size has been reduced due to a lower commitment from the anchor investor.
IPOs & Markets
The digital bank is targeting to list on the IDX on December 11.
Chinese founders bring their e-commerce playbooks to Jakarta.
