Regulations may obstruct SE Asia’s ride-hailing firms’ way to success

A GrabBike motorcycle driver, left, and a Go-Jek motorcycle driver wait for orders in Jakarta, Indonesia, on Sunday, Aug. 13, 2017. Photographer: Dimas Ardian/Bloomberg

It was 2013 when Uber entered the Southeast Asian market in a bid to expand its operations beyond the US. A year before that, home-sharing platform Airbnb had forayed into the region, thereby introducing to the market the concept of ‘sharing economy’.

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