Indonesian ride hailing firm Go-Jek to invest ~$500M to move into Vietnam, Thailand, Singapore, and the Philippines in coming months, raising rivalry with Grab (Saheli Roy Choudhury/CNBC)

Saheli Roy Choudhury / CNBC:
Indonesian ride hailing firm Go-Jek to invest ~$500M to move into Vietnam, Thailand, Singapore, and the Philippines in coming months, raising rivalry with Grab  —  – Indonesia’s ride-hailing start-up Go-Jek is expanding abroad and about to step up its rivalry with Singapore-based Grab.