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Indonesia’s GOJEK Receives Fresh Investment from Mitsubishi

JAKARTA (TheInsiderStories) - Indonesia-based multi platform GOJEK announced an unspecified investment from Japan' Mitsubishi Motors Corporation, Mitsubishi Corporation, and Mitsubishi UFJ Lease & Finance as...

Indonesia’s Blue Bird Set up New Transportation Unit

JAKARTA (TheInsiderStories) - One of taxi operator in Indonesia, PT Blue Bird Tbk (BIRD) continues to work to widen its business line by reforming...

Insight: Ride-hailing, from Automotive Producer Glance to Complicated Rule

 JAKARTA (TheInsiderStories) – Indonesia's ride-hailing companies continue to make significant strides. In addition to government encouragement, the new business had large capital investment from...

Grab Ventures Ready to Invests US$250M in Indonesian Startup

JAKARTA (TheInsiderStories) - The Singapore-based ride hailing firm Grab Holdings Inc. announced would invest US$250 million in Indonesian startup through its Grab Ventures arm, said...

Grab Announces US$2Billion of Funds Lead by Japan’s Toyota

JAKARTA (TheInsiderStories) ― Grab Holdings Inc. (Grab), Southeast Asia’s leading O2O mobile platform, announced today (02/08) has raised US$2 billion for its current round of...

Indonesia GO-JEK Kicks Off SEA Expansion with Go-Viet

JAKARTA (TheInsiderStories) – GO-JEK, an Indonesia ride-hailing and on-demand apps joined launched Go-VIET in Vietnam today (01/08) and in September to operate GET in Thailand,...

Company Review: Oldest Taxi Operator Transform Its Business Model

JAKARTA (TheInsiderStories) – One of taxi operator in Indonesia PT Express Transindo Utama Tbk (IDX: TAXI) has announced to transform its business model prior to...

Indonesian GO-JEK Confirms to Launch International Expansion

JAKARTA (TheInsiderStories) – GO-JEK, an Indonesian ride-hailing provider has confirmed that it is to invest US$500 million in its international expansion strategy. The operator expect...

Indonesia Go-Jek Prepares US$500M to Enter SEA Market

JAKARTA (TheInsiderStories) - Indonesia's on-demand services and ride-hailing company Go-Jek announced that it will invest about US$500 million to enter into four new markets...

Allianz X Invests $35 Million in Ride Hailing Platform GO-JEK

JAKARTA (TheInsiderStories) – Allianz X, the digital investment arm of the Allianz Group, has announced a $35 million investment in Indonesian ridehailing platform GO-JEK,...

Grab’s Plans After Acquiring Uber’s SE Asia Business

JAKARTA (TheInsiderStories) - Southeast Asia's largest ride-hailing operator on Grab on Friday (06/04) unveiled its future plans in Indonesia after acquiring South-east Asia business of...

New Online Transportation Policy Out in May

JAKARTA (TheInsiderStories) - Indonesian Government is currently drafting the new regulation on the change of ride-hailing companies into public transportations. The new regulation its expected comes...

Ride Hailing Apps Must Register as Transport Companies in Indonesia

JAKARTA (TheInsiderStories) – Indonesia is making it mandatory for ride-hailing applications providing four-wheeled-vehicle rides to register as transport companies within two months, as the...

Indonesian Go-Jek Raises US$1.5 Billion Funding

JAKARTA (TheInsiderStories) - Go-Jek, an Indonesian ride-hailing company has raised US$1.5 billion in venture capital funding from investors included Google and Blackrock. After the deals...