Hello and welcome to the Intelligence on Economist Radio.

I'm your host, Jason Palmer.

Every weekday we provide a fresh perspective on the events shaping your world.

There's a whole herd of unicorns out there that is startups that are valued at a billion

dollars.

Many are stampeding into stock markets, hoping to be the next Google or Facebook.

But there's a problem.

Lots of unicorns business models look shaky.

And there's a battle going on in China and increasingly beyond.

Two cities are vying to be known as the spiritual home of Hot Pot, a hands-on dish cropping

up in more and more of the world's restaurants.

But first, Indonesians vote today in a vast election, a mammoth effort in the world's

third largest democracy, with 187 million voters choosing local, regional and national officials,

including the president.

The incumbent president, Joko Widodo, known as Jikowi, held rallies all over the country.

He came to power five years ago, promising reform, development and an end to corruption.

His bid for a second term is something of a referendum on what's been a dynamic presidency.

His main opponent is former general Proboo Subeonto.

Proboo tends to appeal to more conservative Indonesians, but both candidates have tried

to seem in touch with rapidly organizing people wanting a better life, while also speaking

to the conservative wing of the country's Muslim majority.

Young people in the capital, Jakarta, seem clear about their preference.

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