Philippines rejects Go-Jek ride-hailing application

Indonesia’s Go-Jek suffered a setback to its expansion plans after the transport regulator in the Philippines rejected its application to launch a ride-hailing service, saying its domestic unit did not meet local ownership criteria. However, the setback may only be temporary as the firm, whose backers include Alphabet Inc.’s Google, could appeal the decision or team up with Filipino investors.

January 10 2019, The Jakarta Post - Read 100 times

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