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Sharing Economy

Philippine regulator bars entry of Grab challenger Go-Jek

Indonesian ride-hailing app's expansion bumps up against local rules

Go-Jek is expanding outside its home market of Indonesia in its battle with Singapore-based Grab.   © Reuters

MANILA/JAKARTA -- Regulators in the Philippines have rejected Go-Jek's bid to offer ride-hailing services in the country because it would violate foreign ownership regulations.

The decision is a blow to the Indonesian ride-hailing operator's regional expansion and its bid to challenge its Singapore-based arch rival, Grab, in Southeast Asia. The ruling enables Grab for the time being to consolidate its position as the dominant ride-hailing operator in the Philippines.

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