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Indonesia’s GoJek and Grab Holdings in Merger Taks

JAKARTA (TheInsiderStories) - Southeast Asia' largest online transportation apps, PT Aplikasi Bangsa (GoJek) and Malaysia' Grab Holdings Inc., in merger talks, global media reported on Monday...

Indonesia’s Blue Bird Sold Minority Shares to Undisclosed Buyer

JAKARTA (TheInsiderStories)- Major shareholders of local taxi operator, PT Pusaka Citra Djokosoetono, sold 108.21 million shares or 4.32 percent of enlarged and paid up of...

Indonesia’s Gojek to Conduct IPO in 2024

JAKARTA (TheInsiderStories) - Indonesia' ride-hailing company, GoJek targeting to conduct an Initial Public Offering (IPO) within the next three to four years, the spokesman...

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...