Indonesian ride-hailing firm Go-Jek needs more funds in market fight-CEO

JAKARTA (Reuters) - Indonesian online ride-hailing service Go-Jek is in talks with potential investors to raise fresh funds to expand the business, as the heavy subsidies it gives to drivers to keep rates competitive are unsustainable in the long run, its chief executive said on Friday.

from Reuters: Technology News http://ift.tt/1TAouuU