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View all search resultsAt least two major Indonesian superapp firms have cut down the services they offer in favor of their core, profitable operations, a strategy analysts say could be key to keeping the companies competitive as more players enter the market.
The fate of Indonesia’s ojol (online ride-hailing) firms is on the line, as lawmakers seek to classify these companies as commercial transportation entities rather than their current status simply as IT firms, which many expect will have significant consequences on the future of their business model.
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