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car-hailing services

Indonesia sets tariff ranges for online car-hailing services

JAKARTA:¬†Indonesia has set minimum and maximum tariffs for online car-hailing services, aiming to ensure comparable pricing with conventional transport providers whose drivers have complained about being undercut by their newer competitors. Ride-hailing services such as U.S. group Uber Technologies Inc , Southeast Asia's Grab and Indonesia's GO-JEK have heavily subsidized their drivers in Indonesia in order to gain market share in the country of 250 million people, analysts say. The transport ministry said it had set a…