Indonesian ride-hailing firm Go-Jek needs more funds in market fight-CEO
April 29, 2016 at 09:31 AM EDT
JAKARTA, April 29 (Reuters) - Indonesian online ride-hailing service Go-Jek is in talks with potential investors to raise fresh funds to expand the business, as the heavy subsidies it gives to drivers to keep rates competitive are unsustainable in the long run, its chief executive said on Friday.
