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Startups

Uber founder Kalanick invests in Indonesian cargo startup

Kargo finds trucks for shippers in country's burgeoning logistics sector

Uber Technologies co-founder and then-CEO Travis Kalanick speaks to students in Mumbai in January 2016. Kalanick has joined with Sequoia Capital India to invest in Indonesian startup Kargo Technologies.   © Reuters

NEW YORK -- Ousted Uber Technologies CEO Travis Kalanick has bought into Indonesian logistics startup Kargo Technologies, marking his first known investment in an Asian startup through his 10100 venture fund.

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