Is Uber one step closer to achieving world domination?The ride-hailing giant on Monday announced a partnership with a local Indonesian transportation company that could help Uber become a bigger player in the country.
Reuters reported the deal.On the surface, the deal may seem somewhat unlikely — it puts Uber in cahoots with a taxi company.Despite Uber s longstanding rivalry with the taxi industry taxi companies, which are losing business to Uber, have been outspoken critics of Uber both in court and in the media , the partnership with an Indonesian taxi company could give Uber needed leverage in the Southeast Asian country.
Obtaining a local partner could help make Indonesian regulators happy.The deal between Uber and Indonesia s second-largest taxi operator, PT Express Transindo Utama Tbk, will give Uber some access to more than 11,000 taxis and 17,000 drivers, Reuters reported.
It will let Express taxi drivers take orders via Uber to supplement their income, And Uber drivers can take advantage of the partnership to lease vehicles without taxi markings from Express.Uber has fierce competition overseas, where it hasn t established the same market dominance it has in the U.S.
In Southeast Asia, for example, rival Grab recently raised $750 million — bringing its total capital to $1 billion, Forbes reported.It s Uber s latest move to dominate the global ride-hailing market.
CEO Travis Kalanick was in India earlier this month, where he responded to rival Ola s statements that India should do something to protect itself from foreign companies like Uber and Amazon taking over.