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flag Grab denies reports of acquisition talks with rival GoTo, focusing instead on organic growth in Indonesia.

flag Grab, a Singapore-based ride-hailing and delivery company, has denied reports of talks to acquire its Indonesian rival, GoTo, despite media speculation about a potential $7 billion deal. flag Grab has stated it is not in discussions and has not entered into any definitive agreements with GoTo. flag The company emphasizes its focus on organic growth and highlights a significant increase in its services in Indonesia.

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