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<keyword id="6354576" type="COMPANY" weightage="20" keywordseo="facebook">Facebook</keyword> and <keyword id="6357940" type="COMPANY" weightage="20" keywordseo="paypal">Paypal</keyword> have announced to invest in <keyword id="3071547" type="PERSON" weightage="20" keywordseo="GoJek">Gojek</keyword>, Indonesias first and fastest growing app for ordering food, shopping, commuting and making digital payments across Southeast Asia. Matt Idema, Chief Operating Officer, WhatsApp, did not disclose the sum the company has invested in Gojek but said this underscores Facebook's commitment to serving small businesses and helping bring them and their customers into the digital economy. Since its launch in 2015, the Gojek app has helped bring hundreds of thousands of merchants onto its platform, giving them access to more than 170 million people across Southeast Asia. Its payments business processes billions of transactions each year and owns the largest e-wallet in Indonesia. "The majority of small businesses in Indonesia rely on cash to operate due to the country's large unbanked population. Digital payments are safer than cash, both for businesses and customers. And digital payments help more people participate in the economy and give businesses access to credit which is crucial for business growth," said Idema. PayPal said the commercial partnership will enable it to "significantly grow" its scope and scale in Southeast Asia. "This new relationship is another positive step in our journey towards becoming the worldwide payments partner of choice, and helping to fuel global commerce by connecting the world's leading marketplaces and payment networks," PayPal said in a statement. The investment, Idema added, will support Facebook and Gojek's shared goal of empowering businesses and driving financial inclusion across the archipelago. WhatsApp helps small businesses communicate with customers and make sales, and together with Gojek, "we believe we can bring millions of people into Indonesia's growing digital economy". Gojek was first established in Indonesia in 2009 as a call centre to connect consumers to courier delivery and two-wheeled ride-hailing services.

Facebook, Paypal invest in Indonesian ride-hailing giant Gojek

<ul><li>Gojek <keyword id="3822166" type="PERSON" weightage="20" keywordseo="nadiem-makarim">Nadiem Makarim</keyword> is taking up a position in the Indonesian government. </li><li>His post in the cabinet is not known yet. </li><li>Gojek recently became <keyword id="8692" type="COUNTRY" weightage="20" keywordseo="Indonesia">Indonesia</keyword>’s first decacorn (a startup with over $10 billion valuation).</li></ul>The founder of Gojek, Nadiem Makarim has left his startup to take up a cabinet position in the Indonesian government. Gojek is a ride-hailing and payments platform, which started in 2015 as a motorbike taxi platform. It also recently announced its video streaming service. Started in Indonesia, the startup is also present in India, Thailand, Vietnam and others. It claims to have over 2 million drivers in India. Makarim is the founder of the <a href="https://www.techinasia.com/gojek-decacorn">decacorn</a> (a startup with over $10 billion valuation), which is also Indonesia’s first startup to achieve the status. Makarim himself is one of the country’s richest entrepreneurs. “Nadiem was summoned to the Palace by the President today to accept an appointment as a member of the new cabinet. We are very proud that our founder will play such a significant role in moving Indonesia onto the global stage,” <a href="https://www.cnbc.com/2019/10/21/gojek-ceo-makarim-says-will-join-indonesian-prime-ministers-cabinet.html">CNBC</a> quoted a Gojek spokesperson. His post in the cabinet is not known yet.

Gojek CEO Nadiem Makarim leaves his startup to join Indonesian cabinet

Jakarta, June 24 (IANS) Ride-hailing and digital payments platform Gojek that received funding from Facebook and Paypal earlier this month has laid off 430 employees, around 9 per cent of its total workforce. The company announced to shut down its lifestyle division GoLife as well as its food court division GoFood Festival, reports The Jakarta Post. Gojek currently operates in five countries in Southeast Asia, said it would focus on its core businesses which are ride-hailing service, food delivery and e-payment solutions. "The biggest challenge is the remaining uncertainties in the future, and the hurtful fact is that this will forever change the way we operate our business and the products we offer," said CEOs Andre Soelistyo and Kevin Aluwi said in a joint statement late Tuesday. In April, the company's senior management cut their salaries to allocate more than $7.09 million to help drivers and employees cope with poor demand during the Covid-19 pandemic. With an aim to cement their position in the fast-growing digital payments market in Southeast Asia, Facebook and Paypal have invested in Gojek. Matt Idema, Chief Operating Officer, WhatsApp, did not disclose the sum the company has invested in Gojek but said the move underscores Facebook's commitment to serving small businesses and helping bring them and their customers into the digital economy. Since its launch in 2015, the Gojek app has helped bring hundreds of thousands of merchants onto its platform, giving them access to more than 170 million people across Southeast Asia. Its payments business processes billions of transactions each year and owns the largest e-wallet in Indonesia. --IANS na/

Gojek lays off 430 employees after Facebook, Paypal investment

<ul class="summary-list"><li>This is an excerpt from a story delivered exclusively to Business Insider Intelligence <keyword id="34991" type="ORGANIZATION" weightage="100" keywordseo="transportation">Transportation</keyword> &amp; Logistics Briefing subscribers. </li><li>To receive the full story plus other insights each morning, <a href="https://www.businessinsider.com/intelligence/transportation-and-logistics-research-bundle?IR=T&amp;itm_source=businessinsider&amp;itm_medium=content_marketing&amp;itm_campaign=briefing_post&amp;itm_content=top_text&amp;itm_term=bundle_subscription_text_link-amazon-considering-partnering-with-go-jek-2019-8">click here.</a></li></ul>Amazon engaged Indonesian ride-hailing firm Go-Jek in preliminary talks to create a partnership, <a href="https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly93d3cud3NqLmNvbS9hcnRpY2xlcy9hbWF6b24taG9sZHMtdGFsa3Mtd2l0aC1pbmRvbmVzaWFuLXJpZGUtaGFpbGluZy1zdGFydHVwLWdvamVrLTExNTY2OTkwNTM3/5d233c18f730436f2414784fBd43859f0" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly93d3cud3NqLmNvbS9hcnRpY2xlcy9hbWF6b24taG9sZHMtdGFsa3Mtd2l0aC1pbmRvbmVzaWFuLXJpZGUtaGFpbGluZy1zdGFydHVwLWdvamVrLTExNTY2OTkwNTM3/5d233c18f730436f2414784fBd43859f0&amp;source=gmail&amp;ust=1567252424934000&amp;usg=AFQjCNED33uawSELqyw6YKenoR_quMbL2w">according to</a> the Wall Street Journal. There are few details available on what the partnership would involve, but as part of a potential deal, Amazon would likely make a capital investment in Go-Jek. <div class="KonaFilter image-container display-table float_right no-rightrail"><div><div class="image"></div></div></div>Though Go-Jek grew market share in Indonesia as a ride-hailing company, it has since expanded to five Southeast Asian countries, offering a wide range of services including food and grocery delivery, mobile payments, and courier services. Through these expansive offerings - creating what is <a href="https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly93d3cucmV1dGVycy5jb20vYXJ0aWNsZS91cy1pbmRvbmVzaWEtZ29qZWstaW50ZXJ2aWV3L2luZG9uZXNpYXMtZ28tamVrLWNsb3NlLXRvLXByb2ZpdHMtaW4tYWxsLXNlZ21lbnRzLWV4Y2VwdC10cmFuc3BvcnQtY2VvLWlkVVNLQk4xTDIwU0k/5d233c18f730436f2414784fB6eba3f56" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly93d3cucmV1dGVycy5jb20vYXJ0aWNsZS91cy1pbmRvbmVzaWEtZ29qZWstaW50ZXJ2aWV3L2luZG9uZXNpYXMtZ28tamVrLWNsb3NlLXRvLXByb2ZpdHMtaW4tYWxsLXNlZ21lbnRzLWV4Y2VwdC10cmFuc3BvcnQtY2VvLWlkVVNLQk4xTDIwU0k/5d233c18f730436f2414784fB6eba3f56&amp;source=gmail&amp;ust=1567252424934000&amp;usg=AFQjCNFcGR1fulDLGFS39LTjfvtKJRJQfQ">referred</a> to as a "super app," similar to what WeChat offers in China - Go-Jek attracted an estimated 20 million to 25 million monthly users in 2018, despite <a href="https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly9pbnRlbGxpZ2VuY2UuYnVzaW5lc3NpbnNpZGVyLmNvbS9wb3N0L2Vhcmx5LWludGVyZXN0LWluLXBvcnNjaGVzLXRheWNhbi13YWxtYXJ0LXRlc3RzLW1pZGRsZS1taWxlLWRlbGl2ZXJ5LWF1dG9tYXRpb24tMjAxOS03/5d233c18f730436f2414784fB846439b5" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly9pbnRlbGxpZ2VuY2UuYnVzaW5lc3NpbnNpZGVyLmNvbS9wb3N0L2Vhcmx5LWludGVyZXN0LWluLXBvcnNjaGVzLXRheWNhbi13YWxtYXJ0LXRlc3RzLW1pZGRsZS1taWxlLWRlbGl2ZXJ5LWF1dG9tYXRpb24tMjAxOS03/5d233c18f730436f2414784fB846439b5&amp;source=gmail&amp;ust=1567252424934000&amp;usg=AFQjCNEfY6C-p-oB5TdBvsoQZiwcKWh3hA">lagging</a> local competitor Grab in share of the Indonesian ride-hailing market.Go-Jek's positioning as a broader logistics platform makes it an attractive investment for Amazon. Amazon has been expanding its logistics network as a means of lowering shipping costs, which <a href="https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly9pbnRlbGxpZ2VuY2UuYnVzaW5lc3NpbnNpZGVyLmNvbS9wb3N0L2FtYXpvbnMtZmFzdGVyLWRlbGl2ZXJ5LW9wdGlvbnMtY2F1c2Utc3Bpa2UtaW4tc2hpcHBpbmctY29zdHMtZWFybHktaW50ZXJlc3QtaW4tcG9yc2NoZS1ldi1jb3VsZC10aHJlYXRlbi10ZXNsYS13YWxtYXJ0LXRyaWFscy1hdXRvbm9tb3VzLWRlbGl2ZXJ5LWluLXRoZS1taWRkbGUtbWlsZS0yMDE5LTg/5d233c18f730436f2414784fBf491816a" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly9pbnRlbGxpZ2VuY2UuYnVzaW5lc3NpbnNpZGVyLmNvbS9wb3N0L2FtYXpvbnMtZmFzdGVyLWRlbGl2ZXJ5LW9wdGlvbnMtY2F1c2Utc3Bpa2UtaW4tc2hpcHBpbmctY29zdHMtZWFybHktaW50ZXJlc3QtaW4tcG9yc2NoZS1ldi1jb3VsZC10aHJlYXRlbi10ZXNsYS13YWxtYXJ0LXRyaWFscy1hdXRvbm9tb3VzLWRlbGl2ZXJ5LWluLXRoZS1taWRkbGUtbWlsZS0yMDE5LTg/5d233c18f730436f2414784fBf491816a&amp;source=gmail&amp;ust=1567252424934000&amp;usg=AFQjCNE7xusG8U7aaaDv482Y5hXlh96mYg">surpassed</a> $8 billion during Q2 2019. Amazon appears to be taking a two-pronged approach to developing these logistics capabilities:<ul><li>Developing full-scale logistics operations. Shipping with Amazon <a href="https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly9pbnRlbGxpZ2VuY2UuYnVzaW5lc3NpbnNpZGVyLmNvbS9wb3N0L2FtYXpvbi1nZXRzLWludG8tZGlnaXRhbC1mcmVpZ2h0LTIwMTktNQ/5d233c18f730436f2414784fB2f85d711" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly9pbnRlbGxpZ2VuY2UuYnVzaW5lc3NpbnNpZGVyLmNvbS9wb3N0L2FtYXpvbi1nZXRzLWludG8tZGlnaXRhbC1mcmVpZ2h0LTIwMTktNQ/5d233c18f730436f2414784fB2f85d711&amp;source=gmail&amp;ust=1567252424934000&amp;usg=AFQjCNFHG5Kd2qTZ37KzMnVJXsfhXd0xag">launched</a> in February 2018, allowing third-party merchants on its e-commerce marketplace to ship packages through Amazon's network. And in June 2018, it introduced Delivery Service Partners to facilitate the expansion of its network; the program encourages people to become delivery partners with Amazon, providing such services as a leasing program for Amazon-branded delivery vans. These efforts are helping Amazon to handle more of its own package deliveries, and to position itself to compete against established shipping companies, including UPS and FedEx. The efforts have been concentrated in markets where Amazon has an established footprint, particularly the US.</li><li>Partnering with logistics operators. In May 2019, Amazon <a href="https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly9pbnRlbGxpZ2VuY2UuYnVzaW5lc3NpbnNpZGVyLmNvbS9wb3N0L2FtYXpvbi1nb2VzLXRvLXdhci1pbi10aGUtZXVyb3BlYW4tZm9vZC1kZWxpdmVyeS1zcGFjZS0yMDE5LTU/5d233c18f730436f2414784fB5eaa137f" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly9pbnRlbGxpZ2VuY2UuYnVzaW5lc3NpbnNpZGVyLmNvbS9wb3N0L2FtYXpvbi1nb2VzLXRvLXdhci1pbi10aGUtZXVyb3BlYW4tZm9vZC1kZWxpdmVyeS1zcGFjZS0yMDE5LTU/5d233c18f730436f2414784fB5eaa137f&amp;source=gmail&amp;ust=1567252424934000&amp;usg=AFQjCNEBSEsR4xr5cyLB54pju-m0bpjrcA">led</a> a $575 million funding round for London-based food delivery company Deliveroo. Deliveroo operates in 14 countries, with 60,000 couriers on its platform. Food delivery may be an attractive industry for Amazon because it provides a near-term use-case for developing logistics operations - the delivered goods come from restaurants rather than warehouses, meaning less infrastructure investment. Amazon is <a href="https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly93d3cucmV1dGVycy5jb20vYXJ0aWNsZS91cy1hbWF6b24tY29tLWluZGlhL2FtYXpvbi1wbGFucy1pbW1pbmVudC1sYXVuY2gtb2Ytb25saW5lLWZvb2QtZGVsaXZlcnktc2VydmljZS1pbi1pbmRpYS1zb3VyY2VzLWlkVVNLQ04xVU8xRUs/5d233c18f730436f2414784fB870542f5" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://e.businessinsider.com/click/17914342.3/aHR0cHM6Ly93d3cucmV1dGVycy5jb20vYXJ0aWNsZS91cy1hbWF6b24tY29tLWluZGlhL2FtYXpvbi1wbGFucy1pbW1pbmVudC1sYXVuY2gtb2Ytb25saW5lLWZvb2QtZGVsaXZlcnktc2VydmljZS1pbi1pbmRpYS1zb3VyY2VzLWlkVVNLQ04xVU8xRUs/5d233c18f730436f2414784fB870542f5&amp;source=gmail&amp;ust=1567252424934000&amp;usg=AFQjCNGARwvMADwH6S-64ke0_20fIZP4Xw">reportedly</a> looking to enter the food delivery market in India with local partner Catamaran, with a target of operating later in 2019.</li></ul>A Go-Jek investment could lay the groundwork for Amazon to accelerate its expansion into Southeast Asia. The e-commerce giant is currently only in Singapore, but other markets hold significant potential. The Indonesian market - home to 260 million people - had $12.2 billion in e-commerce sales last year, and is expected to reach $53 billion in sales by 2025, according to a Google report cited by the Wall Street Journal. By investing in Go-Jek, Amazon could ease the logistics buildout that would be necessary ahead of a potential entry to the market.Interested in getting the full story? 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Amazon is discussing a partnership with Indonesian ride-hailing firm Go-Jek

San Francisco/New Delhi, June 3 (IANS) With an aim to cement their position in the fast-growing digital payments market in Southeast Asia, Facebook and Paypal have invested in Gojek, Indonesia-based first and fastest growing app for ordering food, shopping, commuting and making digital payments. Matt Idema, Chief Operating Officer, WhatsApp, did not disclose the sum the company has invested in Gojek but said the move underscores Facebook's commitment to serving small businesses and helping bring them and their customers into the digital economy. Since its launch in 2015, the Gojek app has helped bring hundreds of thousands of merchants onto its platform, giving them access to more than 170 million people across Southeast Asia. Its payments business processes billions of transactions each year and owns the largest e-wallet in Indonesia. "The majority of small businesses in Indonesia rely on cash to operate due to the country's large unbanked population. Digital payments are safer than cash, both for businesses and customers. And digital payments help more people participate in the economy and give businesses access to credit which is crucial for business growth," Idema said in a statement on Tuesday. According to Meng Liu, an analyst with global market research firm Forrester, Facebook can now expand its digital payment and financial services to Indonesia and more broadly to the Southeast Asian market. "The payment sector is still underserviced and the opportunity in Southeast Asia's emerging markets like Indonesia is worth billions of dollars. For Gojek, they will be able to embed Facebook's digital wallet offering (like WhatsApp Pay) on their platform of lifestyle services across shopping, transport etc," Liu told IANS. In the long run, if Facebook's Libra plan is successful, there would also be a natural rollout of this inclusive cross-border payment offering to immigrant workers in the Southeast Asian markets as well. "I see the deal as the first step to building the infrastructure to expand Facebook's payment and fintech businesses in the region," Liu added. PayPal said the commercial partnership will enable it to "significantly grow" its scope and scale in Southeast Asia. "This new relationship is another positive step in our journey towards becoming the worldwide payments partner of choice, and helping to fuel global commerce by connecting the world's leading marketplaces and payment networks," PayPal said in a statement. Gojek was first established in Indonesia in 2009 as a call centre to connect consumers to courier delivery and two-wheeled ride-hailing services. According to Liu, many people may think Alipay and WeChat Pay would be negatively affected by this deal. "However, Alipay and WeChat Pay are mostly servicing Chinese tourists in the Southeast Asian markets, rather than servicing local consumers directly. Therefore it won't impact their businesses significantly," said Liu. However, this deal will definitely impact the businesses of GCash, a local digital wallet backed by Ant Financial, given the competitiveness of Facebook's payment services. "Facebook also faces potential competition from Chinese tech giants such as Alibaba, Tencent and ByteDance, who may also increase their investments in Gojek as well or even try to acquire them," Liu added. --IANS na/

Facebook, Paypal eye digital payments market in Southeast Asia (Ld)

<ul><li>Global startups and young companies in the US, Germany, and Southeast Asia — including Dubai, Indonesia, Singapore — are reportedly ramping up the hiring of Indian techies, wooing them with professional exposure and salary hikes. </li><li>Global startups including GrabTaxi, Go-Jek, Delivery Hero are hiring Indian engineers. </li><li>Skills that global startups are looking for include data science, Stack development and project management.</li></ul>As<a href="https://www.businessinsider.in/hiring-tcs-infosys-wipro-and-others-up-12-months-in-a-row/articleshow/69019342.cms"> IT hiring picks up</a> in India, even global startups appear to be eyeing Indian talent for mid-level and senior-level hires. While tightened visa norms have largely affected Indian workforce overseas, global startups and young companies in the US, Germany, and Southeast Asia — including Dubai, Indonesia, Singapore — are ramping up the <a href="https://timesofindia.indiatimes.com/trend-tracking/global-startups-rope-in-indian-engineers/articleshow/69104600.cms">hirings Indian techies </a>wooing them with professional exposure and salary hikes. Global startups including GrabTaxi, Go-Jek, Delivery Hero are hiring Indian engineers skilled in data science, Stack development and project management, Times of India <a href="https://indianexpress.com/article/india/yeti-footprints-indian-army-tweets-these-pictures-as-evidence-5701837/?pfrom=HP">reported.</a> Calling Indian engineers as a premium talent, Adithya Venkatesan, marketing specialist in Go-Jek tech reportedly told TOI “The engineers that we have hired have sound knowledge in programming languages like Clojure, Ruby and Golang and the process takes three weeks at minimum.” These young companies in the US have been open to hiring freshers as well, despite stricter <a href="https://www.businessinsider.in/us-immigration-denial-of-h1-b-visas-raises-legal-questions/articleshow/68844794.cms">visa rules</a>. While some startups are looking to establish their offices in India to expand globally, several companies are hiring Indians for offshore locations. However, for the experienced positions, the average salary hikes offered by the companies is reportedly 15%-20%. According an Indian firm tracking hiring cycles, Skillenza, “These are the startups that are looking to ramp up their team after sealing a series-B or -C round so they have enough bandwidth to look outside their market for talent. They are on the lookout for people with 3-10 years of experience,” Times of India <a href="https://timesofindia.indiatimes.com/trend-tracking/global-startups-rope-in-indian-engineers/articleshow/69104600.cms">reported</a> citing its co-founder Subhendu Panigrahi. Domestic demand India is the world's third largest startup ecosystem after the US and the UK. Given the growth in hiring by startups, Indian startups have been offering strikingly impressive salaries for the top-level roles. Over 8,000 tech startups in India are looking to hire IT talent and it will last for the next 18 months, according to <a href="https://www.moneycontrol.com/news/business/it-hiring-picks-up-domestic-demand-and-startups-key-drivers-3877501.html">TeamLease</a>. Indian unicorns — Oyo, Zomato, Swiggy — have been the key employers across sectors for top roles. According to a recent <a href="https://www.timesnownews.com/business-economy/industry/article/oyo-zomato-swiggy-on-hiring-spree-offer-average-salary-of-over-rs-60-lakh-for-top-level-recruits/409196">report</a>, the unicorns -- who have also set eyes globally — have hired nearly 214 people with an average salary of ₹6 million, annually. In fact, food delivery platform Swiggy is presently looking for experienced tech candidates for data science, machine learning and artificial intelligence in order to build their business and expand in the delivery space. See also: <a href="https://www.businessinsider.in/here-are-the-25-most-popular-workplaces-in-india-according-to-linkedin/articleshow/68704338.cms">Here are the 25 most popular workplaces in India, according to LinkedIn</a> <a href="https://www.businessinsider.in/swiggy-delivery-does-1-5-million-orders-on-cycles-pilots-use-of-electric-vehicles/articleshow/69094004.cms">Swiggy rides the green wave, delivers 1.5 million orders on cycles; electric vehicles are next</a>

These global startups are reportedly on a hiring spree for Indian talent

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Korea Summit Press Pool/Getty ImagesA Samsung executive will attend the upcoming Moon-Kim summit.</div></div></div>Good morning! This is the tech news you need to know this Monday.1. <a href="https://www.businessinsider.com/time-magazine-marc-benioff-salesforce-190-million-2018-9">Salesforce CEO Marc Benioff and his wife are buying Time Magazine for $190 million</a>. The announcement comes just eight months after Meredith Corp., publisher of several popular print publications, completed its purchase of Time. 2. <a href="https://www.businessinsider.com/amazon-china-cash-bribes-sellers-investigation-2018-9">Some Amazon employees are reportedly accepting cash bribes from online sellers to delete negative product reviews</a>. The practice, which is especially common in China, has reportedly resulted in an internal investigation. 3. <a href="https://techcrunch.com/2018/09/16/facebook-is-hiring-a-director-of-human-rights-policy-to-work-on-conflict-prevention-and-peace-building/">F</a><a href="https://techcrunch.com/2018/09/16/facebook-is-hiring-a-director-of-human-rights-policy-to-work-on-conflict-prevention-and-peace-building/">acebook is advertising a new position for a human rights policy director whose job it will be to coordinate an effort to combat human rights abuses on the platform</a>. Facebook has previously come under fire for failing to address hate speech propagated by its platform in Myanmar. <a href="https://www.cnbc.com/2018/09/03/funding-circle-ipo-announcement.html"></a>4. <a href="https://www.businessinsider.com/amazon-to-announce-the-location-of-its-second-hq-by-the-end-of-2018-2018-9">Amazon says it will announce the location of its second headquarters by the end of 2018</a>. Amazon CEO Jeff Bezos said that the company would announce the location of its second headquarters by the end of the year.5. <a href="http://uk.businessinsider.com/mary-meeker-leaves-kleiner-perkins-to-start-own-fund-2018-9/#-1">Acclaimed tech investor Mary Meeker is leaving Kleiner Perkins to start her own fund, and she's taking her team with her</a>. She reportedly disagreed with others at Kleiner Perkins over its investment strategy - as well as less material issues like where to hold the annual office Christmas party. 6. <a href="https://www.bloomberg.com/news/articles/2018-09-17/samsung-chief-lee-to-visit-north-korea-for-moon-kim-summit?srnd=technology-vp">A Samsung executive will travel to North Korea to join the Moon-Kim summit</a>. Vice Chairman Jay Y Lee will be part of the delegation accompanying President Moon Jae-in to Pyongyang later this week. 7. <a href="https://www.businessinsider.com/its-really-dangerous-to-demonize-the-media-jeff-bezos-criticises-trumps-war-on-the-press-2018-9">Amazon CEO Jeff Bezos criticized Donald Trump for calling the press the "enemy of the people," saying it's dangerous to demonize the media</a>. Bezos said that elected officials have to get used to and even welcome the fact that they are subject to media scrutiny.<a href="https://www.businessinsider.com/moneysupermarket-billionaire-simon-nixon-deliveroo-investment-2018-9"></a>8. <a href="https://www.bloomberg.com/news/articles/2018-09-16/go-jek-is-said-in-talks-to-raise-at-least-2-billion-in-funding">Go-Jek, Indonesia's most valuable startup, is reportedly in talks to raise $2 billion in funding</a>. The motorbike hailing company is planning to expand into southeast Asia, Bloomberg reports.<a href="https://www.businessinsider.com/elon-musk-cave-diver-buzzfeed-2018-9"></a><a href="https://techcrunch.com/2018/09/03/maoyan-chinas-largest-online-movie-ticket-service-files-to-go-public-in-hong-kong/"></a>9. <a href="https://www.businessinsider.com/how-jeff-bezos-makes-decisions-2018-9">Jeff Bezos says all his best decisions involved intuition and gut, not analysis</a>. He also repeated a previous mantra that Amazon's secret sauce is "obsessive compulsive" focus on the consumer, rather than its competitors.10. <a href="https://lore.kernel.org/lkml/CA+55aFy+Hv9O5citAawS+mVZO+ywCKd9NQ2wxUmGsz9ZJzqgJQ@mail.gmail.com/">Linus Torvalds, the famously grouchy creator of Linux, has apologised for his behaviour and admitted that he is not an "emotionally empathetic" person</a>. In an email to the Linux Kernel Mailing List, Torvalds said he would take a break from development while he worked on his issues.Have an Amazon Alexa device? Now you can hear 10 Things in Tech each morning. Just search for "Business Insider" in your Alexa's flash briefing settings. <div class="margin-top"> <h3>NOW WATCH: <a href="https://www.businessinsider.com/apple-mock-facebook-privacy-woes-iphone-2018-9">Apple took another subtle jab at Facebook during its iPhone XS event</a></h3> <div> </div> </div>

10 things in tech you need to know today

Keeping in mind the vast online commuter market, India’s top cab aggregator, <keyword id="6354720" type="PERSON" weightage="20" keywordseo="Ola">Ola</keyword> is now prepping-up to introduce <keyword id="3071546" type="UNKNOWN" weightage="20" keywordseo="motorcycle-taxis">motorcycle taxis</keyword>. 
 The Bangalore-based cab aggregator also plans to launch a shuttle bus service. Not just this, but Ola users will now be able to avail <keyword id="3072073" type="UNKNOWN" weightage="20" keywordseo="car-pooling">car-pooling</keyword> feature on its mobile application, reported The Economic Times. 
 
The motorcycle taxis and shuttle service, however, might face regulatory issues as these do not have any legal frameworks so far. 
 
Internal sources, requesting anonymity, informed that the bike taxis will be on the lines of Indonesia's GoJek, Blue-Jek and Grabbike, which is being used to transport people as well as goods. 
 Another major add-on to the mobile application, <keyword id="3071503" type="UNKNOWN" weightage="20" keywordseo="OlaShare">OlaShare</keyword>, is being worked-on for quite some time now. The company, however, declined to respond on the email queries by the business daily. 
 
The firm is also in the <a href="http://www.businessinsider.in/Ola-Cabs-new-round-of-fund-raising-to-value-it-above-5-billion/articleshow/49072304.cms">advanced stage of closing a financing round</a> of about $500 million (Rs 3,000 crore), which will give a muscle to the firm for its forthcoming plans. 
 The new services, if compared to the other cab-service providers, might give a tough fight to San Francisco-based <keyword id="1042120" type="PERSON" weightage="20" keywordseo="Uber">Uber</keyword>, which is targeting to enhance its business outside the US with India being one of the most potential markets. 
 
<a href="http://www.businessinsider.in/Uber-hopes-to-make-India-its-second-largest-market-sees-Ola-as-competition/articleshow/49087294.cms">(​Uber hopes to make India its second-largest market, sees Ola as competition)</a> 
 
Uber, however, introduced UberPool, its car-pooling service in India, starting with Bengaluru. 
 
Kartik Hosanagar, a professor of technology and digital business at The Wharton School termed the bike-taxi move an interesting one and said, "As of now, it should be seen as an experiment. But one with tremendous potential for Ola... However, the company would have to navigate around regulations." 
 
HeyTaxi, a Mumbai-based motorcycle-taxi company which was launched in June, came under fire from the city's transport department, which has termed the service illegal. 
 A top official at <keyword id="151058" type="ORGANIZATION" weightage="20" keywordseo="Delhi-Transport-Department">Delhi Transport Department</keyword> said the state was framing a scheme for a motorcycle-taxi service but there were issues to consider. "As of now it will be deemed illegal. We were planning to launch such a service in Delhi but have put it on hold due to safety concerns," he said. Instead, Delhi launched a scheme for renting self-driven motorbikes in August. 
 
Car-pooling services, too, are in a regulator grey zone. Several state governments encourage personal carpooling as a way to lessen traffic and pollution, but as a business, the service is not covered under any legal framework. 
 
Safety is another area of concern, as riders would have to car-pool with strangers. Meru Cabs verifies co-riders with their PAN or Aadhaar numbers while BlaBlaCar mandates a social network account such as Facebook for logging in. 
 
Experts, on the other hand, agreed upon the fact that car-pooling as a business has huge potential. 
Image: thinkstock

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