Grab announces strategic partnership with Lippo Group of Indonesia
Jakarta, Indonesia – 21 March 2016 – Indonesian conglomerate Lippo Group and Singapore-based Grab, Southeast Asia’s leading ride-hailing app, today announced a strategic partnership in Indonesia. The partnership underlines Lippo Group’s continued focus on their online businesses, including fast-growing e-commerce site MatahariMall. Grab will offer its transport and deliveries expertise to further enhance MatahariMall’s online-to-offline experience.
Lippo Group is a pan-Asian investment holding company with investments in real estate, department stores, retailing, financial services, telecommunications, hospitality, healthcare, news media, and IT services.
Lippo Group also operates MatahariMall, Indonesia's leading ecommerce platform.