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JAKARTA: Indonesia’s Supreme Court has ruled that tariff ranges imposed by the government last month on online ride-hailing services are illegal, saying they impede competition.
Indonesia's ride hailing Go-Jek is examining whether to operate in Malaysia, co-founder Kevin Aluwi said.
LONDON: Urban transportation is undergoing a revolution. Offerings such as Uber and Lyft, as well as car- and bike-sharing services are widely believed to reduce congestion and generally make urban dwellers more mobile; driverless cars are expected to provide further benefits. Yet the notion that these innovations always make things better is far from a given: The new services are a net good only if they complement traditional public transportation systems rather than compete with them.
SINGAPORE: Go-Jek became Indonesia’s first billion-dollar startup by offering ride-hailing services that became ubiquitous in the country. Now the company is planning a second act in digital payments amid rising competition from local rival Grab and Uber Technologies Inc.
Digital banking likely to open up avenues for small businesses to get financing
TOKYO: China’s Didi Chuxing is in talks with Japanese taxi operator Daiichi Koutsu Sangyo Co to provide ride-hailing services for Chinese tourists visiting Japan, according to a person familiar with the matter.
LONDON: Uber Technologies Inc and Careem Networks FZ are in preliminary talks to combine their Middle Eastern ride-hailing services, hoping to resolve a costly rivalry as Uber prepares for a public offering next year, according to three people familiar with the matter.
TOKYO: It was caged and only hovered for about a minute, but it flew: a new flying car.