Tech in Asia

Grab and Gojek are showing no signs of slowing their growth.

The deal is expected to be completed by February 15.

Gojek’s rival Grab has also been affected by the spread of modified apps.

MAS has also started a payments regulatory evaluation program to help payment firms transition into the new act.

In November 2018, the company raised USD 2 billion in funding from SoftBank’s Vision Fund reaching a USD 9 billion valuation.

The funds will be used to grow the company’s development team and accelerate commercial operations in the US and Europe.

The Monetary Authority of is expected to announce the results by mid-2020.

The industry-agnostic fund focuses on providing growth capital to startups in Indonesia and the rest of Southeast Asia.