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Indonesia's Telkom in talks to buy stake in Go-Jek as ride-hailing firm pushes ahead with expansion plans
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The talks come as Go-Jek is gathering strength to expand in South-east Asia, starting with Go-Viet in Vietnam and GET in Thailand.
ST PHOTO: LIM YAOHUI
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JAKARTA - Just before technology start-up Go-Jek launches its ride-hailing service in Singapore and goes head-to-head with Grab in the region, it may have found another investor to lend it even more financial muscle.
Indonesia's largest telecommunication services provider Telkom is in talks to buy a stake in Go-Jek, which began its business as a ride-hailing firm in the Indonesian capital of Jakarta.
