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Indonesia’s ride-hailing firm Go-Jek to invest $500 million in four new markets

Indonesia’s massively popular ride-hailing start-up Go-Jek is expanding abroad. It will invest about $500 million to move into four new markets in Vietnam, Thailand, Singapore and the Philippines over the next several months, the company said in a Thursday announcement. Initially, Go-Jek will start with ride-hailing before introducing additional services. Go-Jek started off as a […]

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Canada Blocks China-Led Deal for Construction Firm

By Paul Vieira May 23, 2018 8:26 p.m. ET OTTAWA—Canada’s Liberal government said Wednesday that it would block a nearly billion-dollar Chinese-led deal for a construction company on national-security grounds. The decision came as U.S. lawmakers in Congress push legislation that would give them greater power to block deals between American and Chinese companies that […]

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