Tag Archives: Go-Jek

Malaysian Ride-Sharing May be More than Uber and Grab

Malaysian Ride-Sharing May be More than Uber and Grab

Two weeks ago, the Malaysian ride-hailing and ride-sharing scene seemed on the verge of a milestone as Uber and the umbrella body of local taxis agreed to join forces. But that alliance has since been put on hold amid fierce opposition by some taxi drivers. Protests against ride-hailing services have continued, the latest coming outside the Malaysian Parliament this week. Yesterday, Malaysia’s neighbouring country Indonesia

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GO-JEK Indonesian Motorcycle-Hailing App May Get USD 1 Billion Funding

Big-name investors KKR & Co. and Warburg Pincus LLC are taking the “Uber bet” to a new extreme as they consider an investment in an Indonesian motorcycle-hailing app that would value the startup at more than $1 billion. The private-equity firms are in discussions to participate in a fundraising round for PT Go-Jek that could raise around $400 million and

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