Indonesia’s Danantara Eyes Ride-Hailing Shares Amid 8% Commission Cap and GOTO Stock Crash
The Indonesian government is weighing a significant shift in its approach to the digital economy, as the newly established BPI Danantara investment agency addresses proposals to acquire shares in ride-hailing “applicators” to curb commission rates for drivers. This potential move represents a pivot toward state intervention in a sector previously dominated by private venture capital … Read more