Mexican Media Brands
Amazon Ponders a Stake in Indonesia’s Go-Jek
Amazon.com Inc. reportedly may acquire a stake in Indonesian ride-hailing service Go-Jek Group.
Share
Amazon.com Inc. may acquire a stake in Indonesian ride-hailing service Go-Jek Group, sources tell Reuters. They say the talks are in an early stage.
Go-Jek, which was formed in 2010, is battling regional leader GrabTaxi Holdings Pte. Ltd. over the southeast Asia market for on-demand car and motorcycle rides. Grab controls two-thirds of the ride-hailing business in Indonesia, and it is spending $250 million to expand such operations as food and medical supply deliveries.
Last year Go-Jek expanded into the Philippines, Singapore, Thailand and Vietnam. In July, the company attracted an unspecified investment from Mitsubishi Corp. and Mitsubishi Motors Corp. to help it add ancillary services.
RELATED CONTENT
-
Multiple Choices for Light, High-Performance Chassis
How carbon fiber is utilized is as different as the vehicles on which it is used. From full carbon tubs to partial panels to welded steel tube sandwich structures, the only limitation is imagination.
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
