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Uber's Indonesia Rival in Talks to Raise $1 Billion - Wall Street Journal (subscription)

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Asia Times

Uber's Indonesia Rival in Talks to Raise $1 Billion
Wall Street Journal (subscription)
The new money would give the Jakarta company added power to battle rivals Uber Technologies Inc. and Singapore's Grab for a lead in Southeast Asia's largest economy. The company is seeking the new money to expand, with the first round of bids.
Indonesian Uber rival Go-Jek in talks to raise US$1 billion as Southeast Asia race heats upAsia Times

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