JAKARTA -- Indonesian ride-hailing company Go-Jek announced Monday it received investments from three companies under Japan's Mitsubishi group, giving it further ammunition in its battle with Singapore-based Grab for dominance in the Southeast Asian market.
Companies
Go-Jek receives backing from Mitsubishi companies
Industry majors jostle for a slice of Southeast Asian market
Go-Jek's latest investment from Mitsubishi Motors is an indication that its battle with Grab is increasingly taking on the characteristics of a proxy war between bigger international rivals. (Photo by Ken Kobayashi)
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