Uber and its rivals slapped with price caps and other limitations in Indonesia

An Uber driver in Indonesia. Photo credit: Uber.

As of July 1, major ride-hailing apps in Indonesia like Uber, Grab, and Go-Jek are facing new rules, which might affect the way they operate.

Over the weekend, the ministry of transportation announced per-kilometer price caps for ride-hailing companies. The new fares for ride-hailing startups are close to those of regular taxis.

In addition to price caps, ride-hailing startups might have to adhere to government-set limits in fleet size....

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