Fintech

Grab takes payments battle with Go-jek to Vietnam

The $500m that Grab intends to invest in Vietnam is the latest in a series of regional investments as it fights with Go-jek for Asean dominance.

Grab will invest $500 million into Vietnamese fintech over the next five years, the company announced on Wednesday, in a bid to counteract competitor advances in the region’s e-commerce market. 

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