Transportation

Right when everyone believes the ride-hailing race in Southeast Asia would probably only happen between Singapore-based Grab and Jakarta-headquartered Go-Jek, as both have been expanding aggressively

Monkey investors are full of ideas. They are extremely versatile and will find multiple ways to achieve their goals.

Ola was last in the news one week ago for raising US$50 million from Chinese investors Sailing Capital and China-Eurasian Economic Cooperation Fund with the deal valuing the firm at US$4.3 billion.

It’s currently serving two distinct on-demand markets — ride-hailing and movie ticket booking. Food delivery and financial services are next.

The anti-trust watchdog has also issued remedies and directions for Grab to follow in order to “restore market contestability”.

Out of home advertising firms are increasingly interested about how they can increase engagement and reach for their clients using technology.

Go-Jek might be doing so to accommodate new investors.

Promogo is an Indonesian company that specialises in in-vehicle advertising that comes with an online dashboard where clients can monitor the performance of the advertisement.