Amazon Ponders a Stake in Indonesia’s Go-Jek
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.
In-car video shows that the backup pilot of an Uber Technologies self-driving car was not watching the road just before the vehicle struck and killed a pedestrian last Sunday night.
Yes, the rotary engine may be a thing of the past for auto, but this inventor thinks he has a way that will make it more appealing