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Startups

Thailand's food delivery battle heats up as Go-Jek arrives

Indonesian unicorn hails local player Get to speed entry into growing market

BANGKOK -- Indonesian ride-hailing unicorn Go-Jek has formed a joint venture with a local startup to mount a two-wheeled challenge to local players in Thailand's growing, multimillion-dollar food delivery market.

Go-Jek, which recently raised $1 billion from investors including China's Tencent Holdings to fund its Southeast Asian expansion, enlisted established ride-hailer Get for its move into Thailand.

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